Prudential PLC (PUK) Shares Gap Up to $36.58
Prudential PLC (NYSE:PUK) shares gapped up prior to trading on Monday . The stock had previously closed at $36.16, but opened at $36.58. Prudential PLC shares last traded at $37.58, with a volume of 1,269,200 shares traded.
A number of brokerages have recently issued reports on PUK. Societe Generale downgraded shares of Prudential PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, May 31st. Zacks Investment Research upgraded shares of Prudential PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, August 30th. JPMorgan Chase & Co. downgraded shares of Prudential PLC from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 5th. Finally, 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $45.95.
The company has a market capitalization of $48.25 billion and a P/E ratio of 19.93. The firm’s 50 day moving average is $35.81 and its 200-day moving average is $36.83.
The business also recently disclosed 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.