Prudential PLC (NYSE:PUK)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $34.10, but opened at $34.39. Prudential PLC shares last traded at $35.10, with a volume of 414,296 shares changing hands.

Several equities research analysts recently issued reports on PUK shares. BNP Paribas started coverage on Prudential PLC in a research report on Thursday, March 24th. They set an “outperform” rating on the stock. Zacks Investment Research lowered Prudential PLC from a “hold” rating to a “sell” rating in a research report on Thursday, March 31st. JPMorgan Chase & Co. lowered Prudential PLC from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 5th. Finally, Societe Generale lowered Prudential PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, May 31st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $49.50.

The company has a market cap of $45.05 billion and a PE ratio of 13.13. The firm has a 50 day moving average of $35.12 and a 200 day moving average of $37.22.

Several hedge funds have recently modified their holdings of the stock. Eaton Vance Management increased its stake in shares of Prudential PLC by 43.4% in the fourth quarter. Eaton Vance Management now owns 383,475 shares of the company’s stock valued at $17,287,000 after buying an additional 115,996 shares in the last quarter. 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. 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. Finally, 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.

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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