This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Goldman Sachs Reaffirms Their Buy Rating on Prudential (PRU)

Tipranks - Tipranks - Wed May 20, 1:48AM CDT

In a report released yesterday, Thomas Wang from Goldman Sachs maintained a Buy rating on Prudential, with a price target of HK$151.00. The company’s shares closed yesterday at p1,134.50.

Claim 55% Off TipRanks

According to TipRanks, Wang is an analyst with an average return of -1.7% and a 46.00% success rate. Wang covers the Financial sector, focusing on stocks such as FWD Group Holdings Limited, Prudential, and Ping An Insurance Company of China.

Currently, the analyst consensus on Prudential is a Strong Buy with an average price target of p1,414.00.

See Insiders’ Hot Stocks on TipRanks >>

Based on Prudential’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p15.25 billion and a net profit of p2.71 billion. In comparison, last year the company earned a revenue of p6.98 billion and had a net profit of p1.68 billion

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRU in relation to earlier this year.

Read More on GB:PRU:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).