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Barclays Sticks to Their Buy Rating for Prudential (PRU)

Tipranks - Tipranks - Thu Apr 2, 1:06AM CDT

In a report released today, Larissa Van Deventer from Barclays maintained a Buy rating on Prudential, with a price target of £13.30.

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Van Deventer covers the Financial sector, focusing on stocks such as Prudential, Legal & General, and St. James’s Place. According to TipRanks, Van Deventer has an average return of 5.8% and a 52.20% success rate on recommended stocks.

In addition to Barclays, Prudential also received a Buy from TipRanks – PerPlexity’s PerPlexity Financial GB in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Prudential (LSE: PRU).

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Based on Prudential’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p11.46 billion and a net profit of p2.01 billion. In comparison, last year the company earned a revenue of p3.93 billion and had a net profit of p2.19 billion

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