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Prudential (PRU) Gets a Buy from Guotai Haitong
In a report released on March 19, from Guotai Haitong maintained a Buy rating on Prudential, with a price target of HK$137.47.
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In addition to Guotai Haitong, Prudential also received a Buy from Deutsche Bank ‘s Kailesh Mistry in a report issued on March 19. However, on the same day, TipRanks – xAI downgraded Prudential (LSE: PRU) to a Hold.
Based on Prudential’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p11.46 billion and a net profit of p2.01 billion. In comparison, last year the company earned a revenue of p3.93 billion and had a net profit of p2.19 billion
Read More on GB:PRU:
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- Prudential Cancels New Tranche of Shares in Ongoing Buyback
- Prudential Cancels 370,801 Shares After Latest Buyback Tranche
- Prudential plc price target raised to 1,440 GBp from 1,355 GBp at Deutsche Bank
- Prudential: Strong FY25 Delivery, Accelerating Asian Growth, and Capital Returns Support Buy Rating
- Prudential Tightens Capital Base With Share Buyback and New Scheme Shares
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