Prudential (NYSE:PUK)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, The Fly reports.
A number of other research firms also recently issued reports on PUK. Morgan Stanley restated an “overweight” rating on shares of Prudential in a research note on Wednesday, July 21st. UBS Group reiterated a “buy” rating on shares of Prudential in a report on Thursday, August 5th. Bank of America upgraded Prudential from a “neutral” rating to a “buy” rating in a research report on Monday, August 23rd. Royal Bank of Canada restated an “outperform” rating on shares of Prudential in a research report on Tuesday. Finally, Barclays reaffirmed an “overweight” rating on shares of Prudential in a research note on Friday, September 10th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Prudential currently has a consensus rating of “Hold” and a consensus price target of $38.00.
Prudential stock traded down $0.92 during midday trading on Tuesday, reaching $38.57. The stock had a trading volume of 10,659 shares, compared to its average volume of 258,152. Prudential has a 12 month low of $23.99 and a 12 month high of $44.99. The company has a quick ratio of 0.02, a current ratio of 0.04 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $50.32 billion, a PE ratio of 11.00, a P/E/G ratio of 5.49 and a beta of 1.65. The firm’s 50-day moving average price is $40.31 and its 200 day moving average price is $41.22.
Prudential Company Profile
Prudential Plc is a holding company, which engages in the provision of insurance and financial services. It operates through the Asia and U.S. geographical segments. The Asia segment consists of health and protection, other life insurance, mutual funds, selected personal lines property and casualty insurance, group insurance, and institutional fund management.
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