Price Action To Observe: Could Prudential Public Limited Company (ADR) Decline After Today’s Big Increase?

Price Action To Observe: Could Prudential Public Limited Company (ADR) Decline After Today's Big Increase?

The stock of Prudential Public Limited Company (ADR) (NYSE:PUK) is a huge mover today! About 462,496 shares traded hands. Prudential Public Limited Company (ADR) (NYSE:PUK) has declined 3.14% since April 28, 2016 and is downtrending. It has underperformed by 9.07% the S&P500.
The move comes after 6 months positive chart setup for the $51.49B company. It was reported on Dec, 1 by Barchart.com. We have $41.64 PT which if reached, will make NYSE:PUK worth $2.57 billion more.

Prudential Public Limited Company (ADR) (NYSE:PUK) Ratings Coverage

Out of 3 analysts covering Prudential Plc (NYSE:PUK), 2 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 67% are positive. Prudential Plc has been the topic of 5 analyst reports since January 15, 2016 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Monday, January 18 by Macquarie Research. The stock has “Hold” rating given by Societe Generale on Tuesday, May 31. The stock has “Sell” rating given by Societe Generale on Thursday, October 13. On Tuesday, February 16 the stock rating was reinitiated by Berenberg with “Buy”. The rating was initiated by Macquarie Research with “Outperform” on Friday, January 15.

According to Zacks Investment Research, “PRUDENTIAL PLC provides retail financial products and services and fund management to many millions of customers worldwide. Their commitment to the shareholders who own Prudential is to maximise the value over time of their investment. They do this by investing for the long term to develop and bring out the best in their people and their businesses to produce superior products and services, and hence superior financial returns. Their aim is to deliver top quartile performance among their international peer group in terms of total shareholder returns.”

More news for Prudential Public Limited Company (ADR) (NYSE:PUK) were recently published by: Quotes.Wsj.com, which released: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011. Benzinga.com‘s article titled: “Social Media Buzz Is A Potential Leading Indicator For The Brexit Vote” and published on June 10, 2016 is yet another important article.

PUK Company Profile

Prudential Public Limited Company (Prudential), incorporated on November 1, 1978, is an international financial services company. The Firm has activities in Asia, the United States and the United Kingdom. The Company’s divisions include Insurance operations, including Asia, the United States (Jackson National Life Insurance Company (Jackson)) and the United Kingdom, and Asset management operations, including Eastspring Investments; the United States broker-dealer and asset management; M&G, and Prudential Capital. Prudential Corporation Asia has activities in Hong Kong, Malaysia, Singapore, Indonesia and other Asian countries. The Company’s core business is health, protection, either attached to a life policy or on a standalone basis, other life insurance (including participating business) and mutual funds. It also provides selected personal lines property and casualty insurance, group insurance, institutional fund management and consumer finance (Vietnam only).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment