JP Morgan Upgrades Prudential Public Limited Company (ADR) to Neutral

Brokerage firm JP Morgan Upgrades its rating on Prudential Public Limited Company (ADR)(PUK). The shares have been rated Neutral. Previously, the analysts had a Underweight rating on the shares. The rating by the stock financial advisor at JP Morgan was issued on Mar 17, 2017 in a research report to their Investors and Clients.

Prudential Public Limited Company (ADR) (PUK) shares turned negative on Wednesdays trading session with the shares closing down -0.33 points or -0.76% at a volume of 3,93,545. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $43.24. The peak price level was also seen at $43.24 while the days lowest was $42.62. Finally the shares closed at $43.15. The 52-week high of the shares is $44.21 while the 52-week low is $29.14. According to the latest information available, the market cap of the company is $55,643 M.

Prudential PLC (Prudential) is an international financial services group with operations in Asia the United States and the United Kingdom. The Company provides insurance and financial services directly and through its subsidiaries and affiliates across the world. Its operating segments include Insurance operations and Asset management operations. The Insurance operations segment includes operations in Asia United States (Jackson) and United Kingdom. The Asset management operations segment include Eastspring Investments US broker-dealer and asset management (including Curian) and M&G (including Prudential Capita). Prudential provides savings protection and retirement products. Jackson is the life insurance company providing retirement savings and income solutions. Eastspring Investments manages investments for Asia the United Kingdom and the United States life companies. M&G is an investment-led business that manages money on behalf of individual and institutional investors.

Add Comment