Prudential PLC (NYSE:PUK) gapped up prior to trading on Friday . The stock had previously closed at $34.12, but opened at $34.59. Prudential PLC shares last traded at $35.40, with a volume of 441,878 shares changing hands.

Several equities research analysts have weighed in on the stock. Societe Generale downgraded shares of Prudential PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, May 31st. JPMorgan Chase & Co. downgraded shares of Prudential PLC from a “neutral” rating to an “underweight” rating in a research note on Tuesday, July 5th. Finally, Zacks Investment Research downgraded shares of Prudential PLC from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. Prudential PLC currently has an average rating of “Hold” and an average target price of $49.50.

The company has a 50 day moving average of $34.40 and a 200-day moving average of $36.93. The firm has a market capitalization of $45.24 billion and a P/E ratio of 13.32.

A hedge fund recently raised its stake in Prudential PLC stock. Eaton Vance Management increased its stake in Prudential PLC (NYSE:PUK) by 43.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 383,475 shares of the company’s stock after buying an additional 115,996 shares during the period. Eaton Vance Management’s holdings in Prudential PLC were worth $17,287,000 as of its most recent filing with the SEC.

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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