Prudential PLC (PUK) Shares Gap Up to $36.50
Prudential PLC (NYSE:PUK)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $36.23, but opened at $36.50. Prudential PLC shares last traded at $36.89, with a volume of 336,276 shares trading hands.
Several equities analysts recently weighed in on PUK shares. 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. Zacks Investment Research cut shares of Prudential PLC from a “hold” rating to a “sell” rating in a research report on Wednesday, June 29th. JPMorgan Chase & Co. cut shares of Prudential PLC from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 5th. Finally, Societe Generale cut shares of Prudential PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, May 31st. Two investment 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. Prudential PLC currently has a consensus rating of “Hold” and an average price target of $45.95.
The company has a market capitalization of $47.31 billion and a P/E ratio of 19.90. The stock has a 50 day moving average of $35.02 and a 200 day moving average of $36.73.
The business also recently declared a dividend, which will be paid on Thursday, October 6th. Investors of record on Friday, August 26th will be given a dividend of $0.335 per share. 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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