Shares of Prudential PLC (NYSE:PUK) gapped down prior to trading on Monday . The stock had previously closed at $35.83, but opened at $36.04. Prudential PLC shares last traded at $36.39, with a volume of 369,239 shares traded.

PUK has been the subject of several analyst reports. Zacks Investment Research downgraded shares of Prudential PLC from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th. 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, Societe Generale downgraded shares of Prudential PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, May 31st. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $49.50.

The company has a market capitalization of $46.64 billion and a PE ratio of 13.63. The firm’s 50 day moving average is $34.52 and its 200-day moving average is $36.78.

An institutional investor recently raised its position 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 Securities and Exchange Commission. 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 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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