Prudential PLC (NYSE:PUK)’s share price gapped up before the market opened 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 changing hands.

A number of equities analysts recently issued reports on PUK shares. Societe Generale cut Prudential PLC from a “buy” rating to a “hold” rating in a report on Tuesday, May 31st. Zacks Investment Research lowered Prudential PLC from a “hold” rating to a “sell” rating in a research report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. lowered Prudential PLC from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 5th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $49.50.

The company has a 50-day moving average of $34.50 and a 200-day moving average of $36.81. The company has a market capitalization of $46.17 billion and a PE ratio of 13.49.

A hedge fund recently raised its stake in Prudential PLC stock. Eaton Vance Management increased its stake in shares of Prudential PLC (NYSE:PUK) by 43.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund 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 reporting period.

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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