Prudential Public (NYSE:PUK) Coverage Initiated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of Prudential Public (NYSE:PUK) in a research note issued on Wednesday. The firm set a “buy” rating on the financial services provider’s stock.

PUK has been the subject of a number of other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a research report on Tuesday, October 14th. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research note on Wednesday, October 29th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Prudential Public Stock Performance

Shares of NYSE:PUK opened at $31.63 on Wednesday. Prudential Public has a 52-week low of $14.39 and a 52-week high of $32.99. The stock’s fifty day simple moving average is $29.61 and its 200-day simple moving average is $27.52.

Hedge Funds Weigh In On Prudential Public

A number of large investors have recently bought and sold shares of PUK. Bank of America Corp DE grew its stake in shares of Prudential Public by 241.5% during the 3rd quarter. Bank of America Corp DE now owns 2,998,803 shares of the financial services provider’s stock valued at $83,936,000 after buying an additional 2,120,580 shares during the period. BNP Paribas Financial Markets boosted its holdings in Prudential Public by 99.9% in the second quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock valued at $20,504,000 after acquiring an additional 409,517 shares during the last quarter. Optiver Holding B.V. boosted its holdings in Prudential Public by 41.6% in the third quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider’s stock valued at $34,863,000 after acquiring an additional 365,883 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Prudential Public by 725.9% during the second quarter. Tower Research Capital LLC TRC now owns 385,917 shares of the financial services provider’s stock valued at $9,656,000 after acquiring an additional 339,188 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Prudential Public by 22.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,577,724 shares of the financial services provider’s stock worth $44,176,000 after acquiring an additional 287,420 shares during the last quarter. Hedge funds and other institutional investors own 1.90% of the company’s stock.

About Prudential Public

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.