Prudential Public Limited Company (PUK) Receives Analyst Rating

Prudential Public Limited Company (PUK) : 5 analysts are covering Prudential Public Limited Company (PUK) and their average rating on the stock is 1.8, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, JP Morgan downgrades its rating on Prudential Public Limited Company (NYSE:PUK). Analysts at the JP Morgan have a current rating of Underweight on the shares. The shares were previously rated Neutral. The rating by the firm was issued on July 5, 2016.

Prudential Public Limited Company (NYSE:PUK): After opening at $35.86, the stock dipped to an intraday low of $35.79 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $36.51 and the buying power remained strong till the end. The stock closed at $36.43 for the day, a gain of 2.02% for the day session. The total traded volume was 862,543. The stocks close on the previous trading day was $35.71.

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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