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LON:PRU

Prudential (PRU) Share Price, News & Analysis

GBX 700
-7.60 (-1.07%)
(As of 06/14/2024 ET)
Today's Range
697.20
710.40
50-Day Range
687.40
827.40
52-Week Range
684.73
1,147.15
Volume
4.44 million shs
Average Volume
9.03 million shs
Market Capitalization
£19.25 billion
P/E Ratio
1,428.57
Dividend Yield
2.43%
Price Target
GBX 1,522.50

Prudential MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
117.5% Upside
GBX 1,522.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.39
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
£91.23 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.26 out of 5 stars

PRU stock logo

About Prudential Stock (LON:PRU)

Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa. The company was founded in 1848 and is headquartered in Central, Hong Kong.

PRU Stock Price History

PRU Stock News Headlines

Navigating 8 Analyst Ratings For Prudential Financial
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Company Calendar

Last Earnings
3/14/2018
Ex-Dividend for 5/16 Dividend
3/28/2024
Dividend Payable
5/16/2024
Today
6/16/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
15,030
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 1,522.50
High Stock Price Target
GBX 1,800
Low Stock Price Target
GBX 1,390
Potential Upside/Downside
+117.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
£1.70 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£11.04 billion
Cash Flow
GBX 155.52 per share
Book Value
GBX 650 per share

Miscellaneous

Outstanding Shares
2,750,000,000
Free Float
N/A
Market Cap
£19.25 billion
Optionable
Not Optionable
Beta
1.26
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Key Executives

  • Mr. Anil Wadhwani (Age 56)
    CEO & Executive Director
    Comp: $10.04M
  • Mr. Benjamin James Bulmer (Age 49)
    Chief Financial Officer
  • Mr. Patrick Bowes
    Head of Investor Relations
  • Mr. Avnish Kalra C.A. (Age 56)
    Chief Risk & Compliance Officer
  • Ms. Catherine Chia (Age 56)
    Chief Human Resources Officer
  • Mr. Allen Thai
    Chief Representative of Myanmar Office
  • Ciaran Mulligan
    Head of Manager Oversight for Portfolio Management Group
  • Rebecca Wyatt
    Chief of Financial & Capital Reporting
  • Ms. Marcia Lynn Wadsten F.S.A. (Age 57)
    Chief Financial Officer of Jackson Holdings LLC
  • Mr. Eng Seong Lim
    Chief Executive Officer of Life Insurance

Should I Buy Prudential Stock? PRU Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Prudential plc:

  • Prudential plc has shown consistent growth in its revenue and earnings over the past few quarters, indicating a strong financial performance.
  • The company has a diversified business model, operating in various segments such as insurance, asset management, and retirement solutions, which can provide stability and resilience in different market conditions.
  • Recent strategic acquisitions and partnerships have expanded Prudential plc's global presence, opening up new growth opportunities in emerging markets.
  • Prudential plc's stock price has been on an upward trend, reflecting positive investor sentiment and potential for capital appreciation.
  • The company has a solid track record of paying dividends, offering investors a reliable income stream along with potential capital gains.

Cons

Investors should be bearish about investing in Prudential plc for these reasons:

  • Prudential plc operates in a highly regulated industry, subject to changing regulatory environments that could impact the company's operations and profitability.
  • The company faces competition from both traditional financial institutions and new fintech disruptors, which could pressure margins and market share.
  • Global economic uncertainties and market volatility may affect Prudential plc's investment portfolio performance and overall financial stability.
  • Currency exchange rate fluctuations can impact the company's international business operations and financial results, introducing additional risks for investors.
  • Investors should carefully monitor interest rate movements as they can influence Prudential plc's profitability, particularly in its insurance and investment businesses.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Prudential pros and cons to contact@marketbeat.com.

PRU Stock Analysis - Frequently Asked Questions

Should I buy or sell Prudential stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Prudential in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRU shares.
View PRU analyst ratings
or view top-rated stocks.

What is Prudential's stock price target for 2024?

4 analysts have issued 12 month target prices for Prudential's shares. Their PRU share price targets range from GBX 1,390 to GBX 1,800. On average, they expect the company's stock price to reach GBX 1,522.50 in the next twelve months. This suggests a possible upside of 117.5% from the stock's current price.
View analysts price targets for PRU
or view top-rated stocks among Wall Street analysts.

How have PRU shares performed in 2024?

Prudential's stock was trading at GBX 887.20 at the start of the year. Since then, PRU stock has decreased by 21.1% and is now trading at GBX 700.
View the best growth stocks for 2024 here
.

How were Prudential's earnings last quarter?

Prudential plc (LON:PRU) issued its quarterly earnings results on Wednesday, March, 14th. The financial services provider reported $145.20 EPS for the quarter, beating the consensus estimate of $139.00 by $6.20. The financial services provider earned $44.01 billion during the quarter. Prudential had a net margin of 15.41% and a trailing twelve-month return on equity of 9.82%.

How often does Prudential pay dividends? What is the dividend yield for Prudential?

Prudential declared a dividend on Wednesday, March 20th. Investors of record on Thursday, March 28th will be paid a dividend of GBX 0.14 per share on Thursday, May 16th. This represents a yield of 1.43%. The ex-dividend date of this dividend is Thursday, March 28th. This is a boost from the stock's previous dividend of GBX 0.06. The official announcement can be accessed at this link.
Read our dividend analysis for PRU
.

Is Prudential a good dividend stock?

Prudential (LON:PRU) pays an annual dividend of GBX 17 per share and currently has a dividend yield of 2.15%. The dividend payout ratio is 3,469.39%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PRU.

What other stocks do shareholders of Prudential own?
How do I buy shares of Prudential?

Shares of PRU stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:PRU) was last updated on 6/16/2024 by MarketBeat.com Staff

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