Prudential Public (NYSE:PUK) was downgraded by ValuEngine from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

A number of other research firms also recently issued reports on PUK. Zacks Investment Research downgraded Prudential Public from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. BidaskClub downgraded Prudential Public from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $54.00.

Shares of Prudential Public (NYSE:PUK) traded up $0.80 during trading on Friday, hitting $49.30. The stock had a trading volume of 119,403 shares, compared to its average volume of 155,850. Prudential Public has a 12 month low of $38.17 and a 12 month high of $51.08.

Several large investors have recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC increased its position in shares of Prudential Public by 1.0% in the second quarter. Proficio Capital Partners LLC now owns 2,043 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 21 shares during the last quarter. Advisor Group Inc. increased its position in shares of Prudential Public by 0.7% in the second quarter. Advisor Group Inc. now owns 4,481 shares of the financial services provider’s stock valued at $206,000 after acquiring an additional 30 shares during the last quarter. Fiera Capital Corp increased its position in shares of Prudential Public by 1.8% in the second quarter. Fiera Capital Corp now owns 9,231 shares of the financial services provider’s stock valued at $425,000 after acquiring an additional 166 shares during the last quarter. Bank of Montreal Can increased its position in shares of Prudential Public by 1.3% in the second quarter. Bank of Montreal Can now owns 21,070 shares of the financial services provider’s stock valued at $969,000 after acquiring an additional 268 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its position in shares of Prudential Public by 6.3% in the second quarter. Dynamic Technology Lab Private Ltd now owns 5,286 shares of the financial services provider’s stock valued at $243,000 after acquiring an additional 313 shares during the last quarter. 1.66% of the stock is currently owned by institutional investors and hedge funds.

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About Prudential Public

Prudential Public Limited Company is an international financial services company. The Company offers a range of retail financial products and services and asset management services throughout these territories. The Company operates through Insurance operations and Asset management operations. The retail financial products and services include life insurance, pensions and annuities as well as collective investment schemes.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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