The stock of Prudential plc (NYSE:PUK) last traded at $24.84, up 0.53% from the previous session.
Data from the available sources indicates that Prudential plc (NYSE:PUK) is covered by 23 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $49.76 and a low of $27.50, we find $39.28. Given the previous closing price of $24.71, this indicates a potential upside of 58.96 percent. PUK stock price is now -6.72% away from the 50-day moving average and -11.38% away from the 200-day moving average. The market capitalization of the company currently stands at $33.83B.
In total, 1 analysts have assigned it a hold rating, and 18 have given it a buy rating. Brokers who have rated the stock have averaged $39.04 as their price target over the next twelve months.
A total of 1.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in PUK stock. A new stake in Prudential plc shares was purchased by D. E. SHAW & CO., INC. during the first quarter worth $902,000. Y-INTERCEPT (HONG KONG) LTD invested $581,000 in shares of PUK during the first quarter. In the first quarter, HIGHTOWER ADVISORS, LLC acquired a new stake in Prudential plc valued at approximately $479,000. CREATIVE PLANNING acquired a new stake in PUK for approximately $447,000. SUSQUEHANNA INTERNATIONAL GROUP LTD. purchased a new stake in PUK valued at around $432,000 in the second quarter. In total, there are 210 active investors with 1.90% ownership of the company’s stock.
With an opening price of $25.00 on Friday morning, Prudential plc (NYSE: PUK) set off the trading day. During the past 12 months, Prudential plc has had a low of $18.20 and a high of $34.37. According to the stock market information, the enterprise value for the company is $32.67B, which is based on a 23.55 price-to-earnings ratio, a 2.62 price-to-earnings-growth ratio, and a beta of 1.35. The fifty day moving average price for PUK is $26.57 and a two-hundred day moving average price translates $28.04 for the stock.
The latest earnings results from Prudential plc (NYSE: PUK) was released for Jun, 2023. The net profit margin was 14.30% and return on equity was 8.60% for PUK.
Moreover, the firm recently paid out its quarterly dividend on 05/15/2023. Investors who held shares on 03/24/2023 were paid a $0.2608 dividend. On an annualized basis, this represents a $0.39 dividend and a 1.55% percent yield. There was an ex-dividend date of 03/23/2023 for this dividend. In terms of dividend payout ratio, PUK is presently at 24.70%.
Prudential plc(PUK) Company Profile
Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management solutions to individuals in Asia, and Africa. It offers health and protection, as well as non- participating savings products, such as protection and investment-linked products. The company also provides insurance against common critical illnesses; property and casualty; and tropical disease protection, such as dengue, malaria, and measles. The company was founded in 1848 and is headquartered in London, the United Kingdom.
