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J.P. Morgan Reaffirms Their Buy Rating on Prudential (PRU)

Tipranks - Thu Apr 23, 1:46PM CDT

J.P. Morgan analyst Farooq Hanif reiterated a Buy rating on Prudential today and set a price target of p1,480.00.

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According to TipRanks, Hanif is a 5-star analyst with an average return of 8.5% and a 68.75% success rate.

In a report released on April 20, Barclays also reiterated a Buy rating on the stock with a £14.00 price target.

Based on Prudential’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p11.34 billion and a net profit of p2.01 billion. In comparison, last year the company earned a revenue of p6.98 billion and had a net profit of p1.68 billion

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