Bank of America Securities Keeps Their Buy Rating on Prudential (PRU)
In a report released today, Andrew Sinclair from Bank of America Securities reiterated a Buy rating on Prudential, with a price target of p1,400.00.
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According to TipRanks, Sinclair is ranked #2635 out of 10143 analysts.
In a report released on December 9, DBS also maintained a Buy rating on the stock with a HK$126.00 price target.
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 negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PRU in relation to earlier this year.
Read More on GB:PRU:
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