Analyst Rating Update on Prudential Public Limited Company (PUK)

Prudential Public Limited Company (NYSE:PUK) has an average broker rating of 1.8, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

For this week, the average consensus of the company shares are rated as a Strong Buy. Also, Societe Generale downgrades their rating on the shares of Prudential Public Limited Company (NYSE:PUK). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on May 31, 2016.

Prudential Public Limited Company (NYSE:PUK): stock turned positive on Tuesday. Though the stock opened at $32.8, the bulls momentum made the stock top out at $32.9443 level for the day. The stock recorded a low of $31.75 and closed the trading day at $32.57, in the green by 11.05%. The total traded volume for the day was 1,727,393. The stock had closed at $29.33 in the previous days trading.

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. The Insurance operations segment includes operations in Asia, United States (Jackson) and United Kingdom. The Asset management operations segment include Eastspring Investments, US broker-dealer and asset management (including Curian), and M&G (including Prudential Capita). Prudential provides savings, protection and retirement products. Jackson is the life insurance company, providing retirement savings and income solutions. Eastspring Investments manages investments for Asia, the United Kingdom and the United States life companies. M&G is an investment-led business that manages money on behalf of individual and institutional investors.

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