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UBS Sticks to Its Buy Rating for Prudential (PRU)

Tipranks - Tipranks - Tue Apr 28, 3:56AM CDT

UBS analyst Nasib Ahmed maintained a Buy rating on Prudential today and set a price target of p1,470.00.

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Ahmed covers the Financial sector, focusing on stocks such as Prudential, Phoenix Group Holdings, and St. James’s Place. According to TipRanks, Ahmed has an average return of 18.7% and an 83.64% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prudential with a p1,400.05 average price target.

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Based on Prudential’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p11.34 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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