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Prudential (PRU) Gets a Buy from DBS

Tipranks - Tipranks - Fri May 1, 2:20AM CDT

DBS analyst Ken Shih maintained a Buy rating on Prudential yesterday and set a price target of HK$138.00.

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Shih covers the Financial sector, focusing on stocks such as FWD Group Holdings Limited, China Life Insurance Co, and Prudential. According to TipRanks, Shih has an average return of 26.6% and an 82.35% success rate on recommended stocks.

In a report released on April 28, Barclays also reiterated a Buy rating on the stock with a £14.00 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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