Prudential PLC (NYSE:PUK) shares gapped up prior to trading on Thursday . The stock had previously closed at $34.85, but opened at $35.11. Prudential PLC shares last traded at $35.48, with a volume of 664,256 shares.

Several research analysts have recently issued reports 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. cut shares of Prudential PLC from a “neutral” rating to an “underweight” rating in a report on Tuesday, July 5th. Finally, Zacks Investment Research cut shares of Prudential PLC from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. Prudential PLC presently has a consensus rating of “Hold” and a consensus price target of $49.50.

The firm has a market capitalization of $45.51 billion and a price-to-earnings ratio of 13.36. The company’s 50 day moving average price is $34.46 and its 200 day moving average price is $36.82.

An institutional investor recently raised its position in Prudential PLC stock. Eaton Vance Management raised its position in shares of Prudential PLC (NYSE:PUK) by 43.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. 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 at the end of the most recent 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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