Prudential Public (NYSE:PUK – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday, Wall Street Zen reports.
PUK has been the subject of a number of other reports. Berenberg Bank set a $39.30 target price on shares of Prudential Public and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Prudential Public in a research report on Monday, July 6th. Finally, Zacks Research upgraded shares of Prudential Public from a “strong sell” rating to a “hold” rating in a research note on Monday, September 21st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $39.30.
Read Our Latest Research Report on Prudential Public
Prudential Public Stock Down 0.1%
Prudential Public (NYSE:PUK – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The financial services provider reported $0.58 earnings per share for the quarter. The business had revenue of $3.90 billion for the quarter. Equities research analysts forecast that Prudential Public will post 2.34 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Prudential Public
Several hedge funds have recently bought and sold shares of PUK. WINTON GROUP Ltd grew its stake in shares of Prudential Public by 373.2% during the 2nd quarter. WINTON GROUP Ltd now owns 70,500 shares of the financial services provider’s stock worth $1,890,000 after purchasing an additional 55,600 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of Prudential Public during the 2nd quarter valued at approximately $26,000. Squarepoint Ops LLC acquired a new position in shares of Prudential Public in the 2nd quarter valued at $569,000. Corient Private Wealth LP lifted its stake in shares of Prudential Public by 8.7% in the 2nd quarter. Corient Private Wealth LP now owns 15,939 shares of the financial services provider’s stock valued at $427,000 after purchasing an additional 1,276 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its holdings in Prudential Public by 8.8% during the second quarter. Concurrent Investment Advisors LLC now owns 14,354 shares of the financial services provider’s stock worth $385,000 after buying an additional 1,156 shares in the last quarter. Hedge funds and other institutional investors own 1.90% of the company’s stock.
Prudential Public Company Profile
Prudential plc is a United Kingdom-based international financial services group focused on life and health insurance, retirement solutions and related financial products. The company serves individuals and businesses through products that may include life insurance, medical and health coverage, savings and investment-linked policies, pensions and retirement planning solutions.
Prudential operates primarily in Asia and Africa, with markets including Hong Kong, mainland China, Indonesia, Malaysia, Singapore, Thailand, Vietnam and other countries in the region.
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