Prudential PLC (PUK) Sees Large Volume Increase
Shares of Prudential PLC (NYSE:PUK) saw an uptick in trading volume on Monday . 1,006,281 shares traded hands during trading, an increase of 44% from the previous session’s volume of 697,740 shares.The stock last traded at $37.35 and had previously closed at $36.83.
A number of brokerages have commented on PUK. Societe Generale cut shares of Prudential PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, May 31st. JPMorgan Chase & Co. cut shares of Prudential PLC from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 5th. Zacks Investment Research cut shares of Prudential PLC from a “hold” rating to a “sell” rating in a research report on Wednesday, June 29th. Finally, Bank of America Corp. set a $42.40 price target on shares of Prudential PLC and gave the company a “buy” rating in a research report on Wednesday, August 10th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $45.95.
The firm’s 50-day moving average is $34.40 and its 200 day moving average is $36.74. The company has a market cap of $47.86 billion and a PE ratio of 19.85.
The firm also recently announced a dividend, which will be paid on Thursday, October 6th. Investors of record on Friday, August 26th will be given a $0.335 dividend. The ex-dividend date of this dividend is Wednesday, August 24th.
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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