Prudential Public Limited Company (NYSE:PUK) Given Average Recommendation of “Moderate Buy” by Analysts

Prudential Public Limited Company (NYSE:PUK) has been given an average recommendation of “Moderate Buy” by the seven research firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

A number of analysts have recently issued reports on PUK shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research report on Wednesday, April 8th. Jefferies Financial Group cut shares of Prudential Public from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research note on Friday, May 15th. Finally, Zacks Research upgraded shares of Prudential Public from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 11th.

Prudential Public Trading Up 3.2%

Shares of PUK stock opened at $27.68 on Thursday. Prudential Public has a 52-week low of $24.24 and a 52-week high of $34.03. The business’s fifty day moving average is $28.88 and its 200 day moving average is $30.07. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.21.

Prudential Public (NYSE:PUK) last posted its earnings results on Saturday, February 14th. The financial services provider reported $25.85 EPS for the quarter. The business had revenue of $7.59 billion for the quarter. Equities research analysts forecast that Prudential Public will post 2.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Prudential Public

A number of large investors have recently modified their holdings of PUK. Morgan Stanley lifted its position in Prudential Public by 79.2% in the 4th quarter. Morgan Stanley now owns 4,866,383 shares of the financial services provider’s stock worth $151,442,000 after buying an additional 2,150,074 shares during the last quarter. Bank of America Corp DE grew its position in Prudential Public by 241.5% during the third 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 acquiring an additional 2,120,580 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Prudential Public by 63.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,585,685 shares of the financial services provider’s stock valued at $80,499,000 after acquiring an additional 1,007,961 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Prudential Public by 99.9% during the second quarter. BNP Paribas Financial Markets now owns 819,518 shares of the financial services provider’s stock worth $20,504,000 after acquiring an additional 409,517 shares in the last quarter. Finally, Optiver Holding B.V. raised its stake in shares of Prudential Public by 41.6% during the third quarter. Optiver Holding B.V. now owns 1,245,566 shares of the financial services provider’s stock worth $34,863,000 after acquiring an additional 365,883 shares in the last quarter. 1.90% of the stock is owned by hedge funds and other institutional investors.

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.