Morgan Stanley reaffirmed their buy rating on shares of Prudential PLC (NYSE:PUK) in a report published on Monday morning.

Several other equities analysts have also commented on the stock. Societe Generale lowered shares of Prudential PLC from a hold rating to a sell rating in a research report on Wednesday, October 12th. JPMorgan Chase & Co. reissued a sell rating on shares of Prudential PLC in a research report on Tuesday, September 6th. Zacks Investment Research lowered shares of Prudential PLC from a hold rating to a sell rating in a research report on Friday, October 14th. Bank of America Corp. set a $42.40 price target on shares of Prudential PLC and gave the stock a buy rating in a research report on Wednesday, August 10th. Finally, Deutsche Bank AG raised shares of Prudential PLC from a hold rating to a buy rating in a research report on Wednesday, November 2nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $44.63.

Prudential PLC (NYSE:PUK) opened at 38.52 on Monday. The company has a market capitalization of $49.46 billion, a price-to-earnings ratio of 21.86 and a beta of 1.67. Prudential PLC has a 52-week low of $29.14 and a 52-week high of $47.30. The firm has a 50 day moving average of $35.42 and a 200-day moving average of $35.94.

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A number of institutional investors have recently bought and sold shares of PUK. Wells Fargo & Company MN boosted its stake in shares of Prudential PLC by 0.4% in the third quarter. Wells Fargo & Company MN now owns 1,714,362 shares of the company’s stock worth $61,220,000 after buying an additional 7,132 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Prudential PLC by 6.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,064,693 shares of the company’s stock worth $36,210,000 after buying an additional 66,201 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Prudential PLC by 4.3% in the third quarter. Northern Trust Corp now owns 1,053,214 shares of the company’s stock worth $37,611,000 after buying an additional 43,116 shares during the last quarter. Lazard Asset Management LLC boosted its stake in shares of Prudential PLC by 7.5% in the third quarter. Lazard Asset Management LLC now owns 1,034,622 shares of the company’s stock worth $36,946,000 after buying an additional 72,505 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Prudential PLC by 42.0% in the second quarter. Jane Street Group LLC now owns 845,136 shares of the company’s stock worth $28,743,000 after buying an additional 250,059 shares during the last quarter. 1.49% of the stock is owned by institutional investors.

Prudential PLC Company Profile

Prudential Public Limited Company is an international financial services company. The Company has operations in Asia, the United States and the United Kingdom. Its segments include Insurance operations, including Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom, and Asset management operations, including Eastspring Investments, the United States broker-dealer and asset management, M&G and Prudential Capital.

5 Day Chart for NYSE:PUK

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