Extremely Critical News Coverage Very Unlikely to Impact Prudential Public (NYSE:PUK) Share Price

Press coverage about Prudential Public (NYSE:PUK) has trended extremely negative on Thursday, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Prudential Public earned a daily sentiment score of -4.38 on their scale. InfoTrie also assigned news headlines about the financial services provider an news buzz score of 2 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company’s share price in the near future.

Shares of PUK traded up $2.14 on Thursday, hitting $26.14. The company’s stock had a trading volume of 1,179,569 shares, compared to its average volume of 715,342. The company has a market capitalization of $28.18 billion, a PE ratio of 7.45, a PEG ratio of 0.70 and a beta of 1.49. The company has a 50 day moving average price of $31.22 and a 200 day moving average price of $35.20. Prudential Public has a fifty-two week low of $15.68 and a fifty-two week high of $46.50.

The business also recently announced a semi-annual dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, March 27th will be given a dividend of $0.5194 per share. The ex-dividend date is Thursday, March 26th. This represents a dividend yield of 3.9%. Prudential Public’s payout ratio is currently 296.87%.

A number of equities analysts have weighed in on the stock. Zacks Investment Research cut shares of Prudential Public from a “buy” rating to a “hold” rating in a research report on Wednesday, March 11th. Deutsche Bank upgraded shares of Prudential Public from a “hold” rating to a “buy” rating in a research note on Wednesday, February 26th. UBS Group reiterated a “buy” rating on shares of Prudential Public in a research report on Tuesday, March 10th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Prudential Public in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. Prudential Public presently has an average rating of “Buy” and an average price target of $43.00.

Prudential Public Company Profile

Prudential plc, through its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The company offers health and protection, as well as other life insurance products, including participating business; mutual funds; and personal lines property and casualty insurance, group insurance, and institutional fund management services.

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