Prudential PLC (NYSE:PUK) gapped up prior to trading on Friday . The stock had previously closed at $30.23, but opened at $30.58. Prudential PLC shares last traded at $31.71, with a volume of 778,517 shares changing hands.

Several equities research analysts have issued reports on PUK shares. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Prudential PLC in a report on Monday, March 14th. Sanford C. Bernstein lowered their target price on shares of Prudential PLC from $57.50 to $49.50 and set an “outperform” rating on the stock in a report on Wednesday, March 16th. BNP Paribas initiated coverage on shares of Prudential PLC in a report on Thursday, March 24th. They issued an “outperform” rating on the stock. Zacks Investment Research lowered shares of Prudential PLC from a “hold” rating to a “sell” rating in a report on Thursday, March 31st. Finally, Societe Generale lowered shares of Prudential PLC from a “buy” rating to a “hold” rating in a report on Tuesday, May 31st. Two analysts have rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $49.50.

The company has a 50 day moving average price of $36.35 and a 200 day moving average price of $37.83. The company has a market cap of $40.57 billion and a PE ratio of 11.81.

Other large investors have made changes to their positions in the company. Hansberger Growth Investors LP increased its stake in shares of Prudential PLC by 3.1% in the fourth quarter. Hansberger Growth Investors LP now owns 61,190 shares of the company’s stock valued at $2,758,000 after buying an additional 1,828 shares in the last quarter. Eagle Asset Management Inc. acquired a new stake in shares of Prudential PLC during the fourth quarter valued at about $3,950,000. Comerica Bank increased its stake in shares of Prudential PLC by 2.8% in the fourth quarter. Comerica Bank now owns 99,513 shares of the company’s stock valued at $3,955,000 after buying an additional 2,744 shares in the last quarter. TD Asset Management Inc. increased its stake in shares of Prudential PLC by 10.2% in the fourth quarter. TD Asset Management Inc. now owns 86,787 shares of the company’s stock valued at $4,319,000 after buying an additional 8,023 shares in the last quarter. Finally, Neuberger Berman Group LLC increased its stake in shares of Prudential PLC by 18.0% in the fourth quarter. Neuberger Berman Group LLC now owns 261,853 shares of the company’s stock valued at $11,804,000 after buying an additional 39,887 shares in the last quarter.

Prudential PLC (Prudential) is an international financial services group with operations in Asia, the United States and the United Kingdom. The Company provides insurance and financial services directly and through its subsidiaries and affiliates across the world. Its operating segments include Insurance operations and Asset management operations.

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