Prudential PLC (NYSE:PUK) has been assigned an average rating of “Hold” from the ten research firms that are currently covering the firm. Three equities research analysts have rated the stock with a sell recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $45.95.

PUK has been the subject of a number of research analyst reports. Zacks Investment Research cut Prudential PLC from a “buy” rating to a “hold” rating in a report on Wednesday, September 21st. JPMorgan Chase & Co. restated a “sell” rating on shares of Prudential PLC in a report on Tuesday, September 6th. Societe Generale cut Prudential PLC from a “hold” rating to a “sell” rating in a report on Wednesday, October 12th. Deutsche Bank AG upgraded Prudential PLC from a “hold” rating to a “buy” rating in a report on Wednesday, November 2nd. Finally, Bank of America Corp. set a $42.40 price objective on Prudential PLC and gave the stock a “buy” rating in a report on Wednesday, August 10th.

Large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of Prudential PLC by 2.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,391 shares of the company’s stock valued at $115,000 after buying an additional 68 shares in the last quarter. Advisor Group Inc. increased its position in shares of Prudential PLC by 1.8% in the third quarter. Advisor Group Inc. now owns 4,921 shares of the company’s stock valued at $172,000 after buying an additional 85 shares in the last quarter. Highland Capital Management LLC increased its position in shares of Prudential PLC by 0.5% in the third quarter. Highland Capital Management LLC now owns 19,559 shares of the company’s stock valued at $698,000 after buying an additional 100 shares in the last quarter. LPL Financial LLC increased its position in shares of Prudential PLC by 2.1% in the third quarter. LPL Financial LLC now owns 11,618 shares of the company’s stock valued at $418,000 after buying an additional 240 shares in the last quarter. Finally, M&T Bank Corp increased its position in shares of Prudential PLC by 8.9% in the third quarter. M&T Bank Corp now owns 6,650 shares of the company’s stock valued at $237,000 after buying an additional 546 shares in the last quarter. Institutional investors and hedge funds own 1.46% of the company’s stock.

Shares of Prudential PLC (NYSE:PUK) opened at 38.37 on Tuesday. Prudential PLC has a 12-month low of $29.14 and a 12-month high of $47.30. The firm has a market capitalization of $49.26 billion, a PE ratio of 21.58 and a beta of 1.67. The company’s 50-day moving average price is $35.33 and its 200-day moving average price is $35.96.

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About Prudential PLC

Prudential Public Limited Company is an international financial services company. The Company has operations in Asia, the United States and the United Kingdom. Its segments include Insurance operations, including Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom, and Asset management operations, including Eastspring Investments, the United States broker-dealer and asset management, M&G and Prudential Capital.

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