Prudential PLC (PUK) Sees Unusually-High Trading Volume
Prudential PLC (NYSE:PUK) saw unusually-strong trading volume on Friday . Approximately 791,296 shares changed hands during trading, a decline of 6% from the previous session’s volume of 838,592 shares.The stock last traded at $37.53 and had previously closed at $36.58.
Several equities analysts have recently issued reports on PUK shares. Bank of America Corp. set a $42.40 target price on Prudential PLC and gave the company a “buy” rating in a research note on Wednesday, August 10th. Zacks Investment Research cut Prudential PLC from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th. JPMorgan Chase & Co. cut Prudential PLC from a “neutral” rating to an “underweight” rating in a research note on Tuesday, July 5th. Finally, Societe Generale cut Prudential PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, May 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $45.95.
The company has a 50 day moving average price of $35.86 and a 200-day moving average price of $36.83. The company has a market cap of $48.25 billion and a PE ratio of 20.12.
The business also recently disclosed a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Friday, August 26th will be paid 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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