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Morgan Stanley Sticks to Their Buy Rating for Prudential (PRU)

Tipranks - Tipranks - Sat Jan 10, 2:40PM CST

Morgan Stanley analyst Fulin Liang maintained a Buy rating on Prudential today and set a price target of p1,270.00.

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According to TipRanks, Liang is ranked #8321 out of 10356 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prudential with a p1,333.81 average price target.

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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.

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