Prudential Public (NYSE:PUK) Now Covered by Deutsche Bank Aktiengesellschaft

Research analysts at Deutsche Bank Aktiengesellschaft initiated coverage on shares of Prudential Public (NYSE:PUK) in a report issued on Wednesday. The brokerage set a “buy” rating on the financial services provider’s stock.

PUK has been the topic of a number of other reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Prudential Public in a research note on Tuesday, October 14th. Morgan Stanley restated an “overweight” rating on shares of Prudential Public in a research report on Wednesday, October 29th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Prudential Public Stock Down 2.3%

Shares of NYSE PUK traded down $0.76 during midday trading on Wednesday, reaching $31.67. 278,044 shares of the company’s stock were exchanged, compared to its average volume of 639,557. Prudential Public has a 52-week low of $14.39 and a 52-week high of $32.99. The business’s fifty day moving average price is $29.46 and its two-hundred day moving average price is $27.46.

Institutional Investors Weigh In On Prudential Public

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Park Avenue Securities LLC boosted its stake in Prudential Public by 61.6% in the 4th quarter. Park Avenue Securities LLC now owns 26,289 shares of the financial services provider’s stock worth $818,000 after purchasing an additional 10,022 shares during the period. GAMMA Investing LLC lifted its position in shares of Prudential Public by 7.0% in the fourth quarter. GAMMA Investing LLC now owns 9,136 shares of the financial services provider’s stock worth $284,000 after purchasing an additional 597 shares in the last quarter. First Affirmative Financial Network boosted its holdings in shares of Prudential Public by 9.2% during the third quarter. First Affirmative Financial Network now owns 26,379 shares of the financial services provider’s stock worth $738,000 after purchasing an additional 2,216 shares during the period. Coldstream Capital Management Inc. purchased a new position in Prudential Public during the third quarter valued at approximately $221,000. Finally, NewEdge Advisors LLC grew its position in Prudential Public by 52.4% during the third quarter. NewEdge Advisors LLC now owns 15,427 shares of the financial services provider’s stock valued at $432,000 after purchasing an additional 5,307 shares in the last quarter. 1.90% of the stock is owned by institutional investors and hedge funds.

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.