Barclays Sticks to Its Buy Rating for Prudential (PRU)
Barclays analyst Larissa Van Deventer maintained a Buy rating on Prudential today and set a price target of £13.20.
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Van Deventer covers the Financial sector, focusing on stocks such as Prudential, Aviva plc, and Legal & General. According to TipRanks, Van Deventer has an average return of 8.2% and a 57.69% success rate on recommended stocks.
Prudential has an analyst consensus of Strong Buy, with a price target consensus of p1,246.95.
Based on Prudential’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p5.52 million and a net profit of p1.28 thousand. In comparison, last year the company earned a revenue of p4.21 billion and had a net profit of p94.93 million
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is neutral on the stock.
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