Deutsche Bank slashes price target on Prudential plc ADR [PUK] – find out why.

Prudential plc ADR [NYSE: PUK] stock went on an upward path that rose over 2.44% on Tuesday, amounting to a one-week price increase of more than 5.71%.

Over the last 12 months, PUK stock dropped by -21.04%. The one-year Prudential plc ADR stock forecast points to a potential upside of 40.7. The average equity rating for PUK stock is currently 1.52, trading closer to a bullish pattern in the stock market.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for the stock reached $23.68 billion, with 1.37 billion shares outstanding. Compared to the average trading volume of 932.84K shares, PUK stock reached a trading volume of 4224823 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Prudential plc ADR [PUK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PUK shares is $29.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PUK stock is a recommendation set at 1.52. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Prudential plc ADR shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 05, 2024. The new note on the price target was released on June 26, 2024, representing the official price target for Prudential plc ADR stock.

The Average True Range (ATR) for Prudential plc ADR is set at 0.45, with the Price to Sales ratio for PUK stock in the period of the last 12 months amounting to 1.56. The Price to Book ratio for the last quarter was 1.50. Price to Free Cash Flow for PUK in the course of the last twelve months was 15.62.

PUK Stock Performance Analysis:

Prudential plc ADR [PUK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.71. With this latest performance, PUK shares dropped by -1.68% in over the last four-week period, additionally sinking by -10.39% over the last 6 months – not to mention a drop of -21.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PUK stock in for the last two-week period is set at 58.49, with the RSI for the last a single of trading hit 63.78, and the three-weeks RSI is set at 54.72 for Prudential plc ADR [PUK]. The present Moving Average for the last 50 days of trading for this stock 17.16, while it was recorded at 17.16 for the last single week of trading, and 19.24 for the last 200 days.

Insight into Prudential plc ADR Fundamentals:

Prudential plc ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 5.00.

PUK Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PUK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Prudential plc ADR go to 9.00%.

Prudential plc ADR [PUK] Institutonal Ownership Details

There are presently around $2.15%, or 2.15%% of PUK stock, in the hands of institutional investors. The top three institutional holders of PUK stocks are: GOLDMAN SACHS GROUP INC with ownership of 3.02 million shares, which is approximately 0.2207%. BLACKROCK INC., holding 2.88 million shares of the stock with an approximate value of $$52.76 million in PUK stocks shares; and BLACKROCK INC., currently with $$49.96 million in PUK stock with ownership which is approximately 0.199%.