Prudential Public (NYSE:PUK) Stock Rating Upgraded by Berenberg Bank

Prudential Public (NYSE:PUK) was upgraded by equities research analysts at Berenberg Bank to a “strong-buy” rating in a report released on Wednesday, Zacks reports.

A number of other brokerages also recently issued reports on PUK. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Prudential Public in a research report on Monday, July 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Friday, May 15th. Finally, Zacks Research lowered shares of Prudential Public from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $39.30.

Prudential Public Stock Down 2.1%

Shares of PUK opened at $27.76 on Wednesday. Prudential Public has a 52 week low of $24.61 and a 52 week high of $34.03. The stock has a 50 day moving average price of $28.25 and a two-hundred day moving average price of $28.97. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.03 and a quick ratio of 0.04.

Prudential Public (NYSE:PUK) last announced its earnings results on Friday, August 14th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter. The company had revenue of $3.90 billion for the quarter. On average, analysts forecast that Prudential Public will post 1.98 earnings per share for the current year.

Institutional Trading of Prudential Public

A number of institutional investors have recently added to or reduced their stakes in the stock. Manchester Capital Management LLC grew its holdings in Prudential Public by 1,103.0% during the 4th quarter. Manchester Capital Management LLC now owns 794 shares of the financial services provider’s stock valued at $25,000 after buying an additional 728 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of Prudential Public in the fourth quarter worth about $29,000. Larson Financial Group LLC boosted its position in shares of Prudential Public by 626.8% in the third quarter. Larson Financial Group LLC now owns 1,657 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 1,429 shares during the period. Allworth Financial LP grew its stake in Prudential Public by 47.0% during the fourth quarter. Allworth Financial LP now owns 1,502 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 480 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its stake in Prudential Public by 2,583.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,549 shares of the financial services provider’s stock valued at $79,000 after acquiring an additional 2,454 shares in the last quarter. Hedge funds and other institutional investors own 1.90% of the company’s stock.

Prudential Public Company Profile

Prudential Public (NYSE: PUK) is the New York listing for Prudential plc, a London‑headquartered international life insurance and financial services group. The company provides a range of long‑term savings, retirement and protection products designed for individual and institutional customers. Its core offerings include life insurance, pensions and annuities, group protection, and wealth and asset management services delivered through both proprietary and third‑party distribution channels.

Prudential operates across multiple regions, with significant focus on fast‑growing markets in Asia and Africa alongside its established businesses in Europe and other international markets.