Prudential Financial's Trading Volume Surges 89.27% to $275 Million, Ranked 371st Despite Stock Price Decline

Generated by AI AgentAinvest Market Brief
Wednesday, May 21, 2025 7:40 pm ET1min read
PRU--

On May 21, 2025, Prudential FinancialPMMY-- (PRU) saw a significant increase in trading volume, with a turnover of $275 million, marking an 89.27% rise from the previous day. This surge placed PRUPRU-- at the 371st position in terms of trading volume for the day. However, the stock price declined by 3.84%, marking the second consecutive day of losses, with a total decrease of 5.72% over the past two days.

Prudential Financial's stock has underperformed the broader market over the past year and in 2025. The company's shares have declined by 10.1% over the past 52 weeks and by 10.7% year-to-date. This underperformance has been a concern for investors, who are closely monitoring the company's financial health and strategic initiatives.

On May 19, 2025, Morgan StanleyMS-- analyst Nigel Dally upgraded the price target for Prudential Financial from $108 to $117. This upgrade reflects a more optimistic outlook on the company's prospects, despite the recent stock price decline. The new price target indicates a potential upside of 9.6% from the current stock price, providing a glimmer of hope for investors.

Analysts' ratings for Prudential Financial are mixed, with 2 rating the stock as bullish, 1 as bearish, and 13 as neutral. This indicates a lack of consensus among analysts regarding the company's future performance. The average price target for PRU is $116, which suggests a potential upside of 9.6% from the current stock price.

Keefe, Bruyette & Woods recently lowered their price target on Prudential Financial from $120.00 to $117.00 and set a "market perform" rating for the company. This adjustment reflects a more cautious outlook on the company's prospects, given the recent stock price decline and the challenging market conditions.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet