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UBS Remains a Buy on Prudential (PRU)

Tipranks - Tipranks - Thu Mar 26, 5:12AM CDT

In a report released today, Nasib Ahmed from UBS maintained a Buy rating on Prudential, with a price target of p1,470.00.

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Ahmed covers the Financial sector, focusing on stocks such as Prudential, St. James’s Place, and Legal & General. According to TipRanks, Ahmed has an average return of 18.2% and an 83.02% success rate on recommended stocks.

In addition to UBS, Prudential also received a Buy from DBS’s Ken Shih in a report issued on March 19. However, on the same day, TipRanks – OpenAI downgraded Prudential (LSE: PRU) to a Hold.

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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

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