Prudential PLC (PUK) Sees Unusually-High Trading Volume
Prudential PLC (NYSE:PUK) shares saw strong trading volume on Friday . 838,938 shares changed hands during trading, an increase of 3% from the previous session’s volume of 815,770 shares.The stock last traded at $35.42 and had previously closed at $35.97.
A number of research analysts recently weighed in on the company. Societe Generale lowered Prudential PLC from a “buy” rating to a “hold” rating in a report on Tuesday, May 31st. JPMorgan Chase & Co. lowered Prudential PLC from a “neutral” rating to an “underweight” rating in a report on Tuesday, July 5th. Bank of America Corp. set a $42.40 target price on Prudential PLC and gave the stock a “buy” rating in a report on Wednesday, August 10th. Finally, Zacks Investment Research lowered Prudential PLC from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. Prudential PLC currently has a consensus rating of “Hold” and a consensus price target of $45.95.
The company’s 50-day moving average price is $35.43 and its 200 day moving average price is $36.74. The stock has a market cap of $45.57 billion and a PE ratio of 19.00.
The company also recently declared a dividend, which will be paid on Thursday, October 6th. Shareholders of record on Friday, August 26th will be issued 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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