Prudential plc, through its subsidiaries, provides life and health insurance, and retirement and asset management solutions to individuals in Asia, the United States, and Africa. It offers health and protection, as well as savings products, such as participating, linked, and other traditional products; mutual funds; life insurance; property and casualty insurance; and group insurance. The company also provides insurance against common critical illnesses, including cancer, stroke, and heart attack; tropical disease protection, such as dengue, malaria, and measles; and food poisoning, minor burns, broken bones, and accident income support, as well as investment fund products. Prudential plc provides its products and services through agency sales force, banks, and brokers. The company was founded in 1848 and is headquartered in London, the United Kingdom.
IPO Year:
Exchange: NYSE
Website: prudentialplc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/5/2024 | Buy → Hold | Deutsche Bank | |
| 6/26/2024 | Neutral → Outperform | Exane BNP Paribas | |
| 9/11/2023 | Underperform → Neutral | Exane BNP Paribas | |
| 3/15/2023 | Outperform → Buy | Daiwa Securities | |
| 1/5/2023 | Neutral → Underperform | Exane BNP Paribas | |
| 12/19/2022 | Outperform | Daiwa Securities | |
| 2/14/2022 | Buy | Goldman | |
| 8/23/2021 | Neutral → Buy | BofA Securities |
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
6-K - PRUDENTIAL PLC (0001116578) (Filer)
Deutsche Bank downgraded Prudential Plc from Buy to Hold
Exane BNP Paribas upgraded Prudential Plc from Neutral to Outperform
Exane BNP Paribas upgraded Prudential Plc from Underperform to Neutral
Daiwa Securities upgraded Prudential Plc from Outperform to Buy
Exane BNP Paribas downgraded Prudential Plc from Neutral to Underperform
Daiwa Securities initiated coverage of Prudential Plc with a rating of Outperform
Goldman initiated coverage of Prudential Plc with a rating of Buy
BofA Securities upgraded Prudential Plc from Neutral to Buy
HSBC upgraded Prudential from Hold to Buy
Credit Suisse Group resumed coverage of Prudential with a rating of Outperform
4/A - PRUDENTIAL PLC (0001116578) (Reporting)
4 - PRUDENTIAL PLC (0001116578) (Reporting)
4 - PRUDENTIAL PLC (0001116578) (Reporting)
3 - PRUDENTIAL PLC (0001116578) (Reporting)
PRUDENTIAL PLC FULL YEAR 2022 RESULTSA RESILIENT PERFORMANCE IN 2022, WELL POSITIONED FOR OPPORTUNITIES IN 2023 AND BEYONDLONDON, UK / ACCESSWIRE / March 15, 2023 / Performance highlights for the continuing business on a constant (and actual) exchange rate basis1APE sales2 up 9 per cent (5 per cent) to $4,393 million with both agency and bancassurance channels delivering APE sales growth in the second half of 2022New business profit3 down (11) per cent ((14) per cent) to $2,184 million with the impact of higher volumes being offset by higher interest rates and business mix effectsAdjusted operating profit4 up 8 per cent (4 per cent) to $3,375 millionEEV operating profit5 up 15 per cent (12 p
HONG KONG, and LONDON, and NEW YORK, and SINGAPORE, Oct. 10, 2022 /PRNewswire/ -- Leading insurance group, Prudential plc (Prudential) and Google Cloud today announced a strategic partnership to enhance health and financial inclusion for communities across Asia and Africa. Under this alliance, Prudential will leverage Google Cloud's data analytics capabilities, secure and sustainable infrastructure, and the broader Google ecosystem, to accelerate its digital transformation and to enhance user engagement of its health and wealth platform, Pulse. For Google Cloud, this partners
Prudential PLC Full Year 2021 ResultsPrudential Delivers Continued Operational Progress and Completes Strategic Re-PositioningPerformance Highlights for the Continuing Business1 on a Constant (and Actual) Exchange Rate Basis2APE sales3 up 8 per cent (10 per cent) to $4,194 millionNew business profit4 up by 13 per cent (15 per cent) to $2,526 millionStrategic re-positioning to Asia and Africa completedAdjusted operating profit5 from continuing operations up 16 per cent (17 per cent) to $3,233 millionSecond interim ordinary dividend of 11.86 cents per share, 17.23 cents per share for the full yearLONDON, UK / ACCESSWIRE / March 9, 2022 / Mike Wells, Group Chief Executive of Prudential plc, sai
This announcement contains inside informationPrudential leadership update: Mike Wells to retireLONDON, UK / ACCESSWIRE / February 9, 2022 / Prudential plc ("Prudential", the "Company" or the "Group") announces that Mike Wells, Group CEO, has informed the Board that having led the Group through its transformation into an Asia and Africa focused business, he intends to retire from his role at the end of March 2022 and accordingly, will not stand for re-election as a Director at the next Annual General Meeting. He became Group CEO in 2015, having first joined the Group in 1995. Mr Wells executed two strategic demergers and accelerated the development of an Asian shareholder base through a succe
Jackson Financial Inc.1 (NYSE:JXN) (Jackson®), as part of its previously disclosed $300 million share repurchase program, has signed agreements to repurchase Class A common stock from Prudential plc ((Prudential, NYSE:PUK) and Athene Co-Invest Reinsurance Affiliate 1A Ltd. (Athene) for a total purchase price of approximately US $125 million. Jackson is repurchasing a total of 2,242,516 shares of its Class A common stock from Prudential, consistent with Prudential's previously disclosed intent to sell a portion of its ownership of Jackson shares. Jackson is also repurchasing a total of 1,134,767 shares of its Class A common stock from Athene. The transactions are being funded with cash on h
"Regular Way" Trading on NYSE Expected to Commence on September 20, 2021 Jackson Financial Inc.1 (Jackson®) today announced that it has completed its previously announced separation from Prudential plc ((Prudential, NYSE:PUK) through a demerger. Jackson is now an independent company, and its Class A common stock is expected to commence "regular way" trading under the ticker symbol "JXN" on the New York Stock Exchange on September 20, 2021. Jackson is a leading U.S. retirement services provider with market leadership supported by its diverse portfolio of differentiated products, efficient and scalable operating platform and industry-leading distribution network. Jackson is focused on maint
New income gap analysis projects retirement income and expenses and offers potential solutions to cover expected gaps Jackson National Life Insurance Company® (Jackson®) today announced enhancements to its proprietary retirement expense calculator tool, designed to help financial professionals effectively project their clients' retirement expenses based on the federal government's Consumer Expenditures Survey data. The updated tool, now named the Retirement Expense & Income Calculator, features an income gap analysis and a Proposed Gap Solution illustration powered by the Hedgeness Income Engine™. "We frequently hear from financial professionals requesting an easier way to assess their cl
Jackson Financial Inc.1 (Jackson®) today announced that industry veteran Carrie Chelko will join Jackson as an Executive Vice President on August 30, 2021, and will be based in the company's corporate offices in Lansing, Michigan. Chelko will assume the role of General Counsel and Secretary upon Jackson's completion of the previously announced separation from Prudential plc (Prudential), which is expected to be completed on September 13, 2021, subject to Prudential shareholder approval. Chelko succeeds Julia Goatley, who has been serving as interim EVP, General Counsel and Secretary since February 2021 and will return to retirement upon completion of the separation from Prudential. Chelko
Jackson Financial Inc.1 (Jackson®) today announced it has posted to its investor relations site a presentation for equity analysts, including remarks from management. The materials are available at investors.jackson.com. The presentation focuses on Jackson's market-leading capabilities, strategic growth opportunities and financial performance as the company pursues its path to become an independent, publicly listed company. Jackson recently announced the effectiveness of its Form 10 and its separation from Prudential plc is expected to be completed on September 13, subject to Prudential plc shareholder approval. ABOUT JACKSON Jackson® is committed to helping clarify the complexity of ret
Fee-based product designed for the independent RIA channel Jackson National Life Insurance Company® (Jackson®) today announced the launch of Jackson Retirement Investment AnnuitySM (JRIA), a fee-based variable annuity designed for independent registered investment advisors (IRIAs) to specifically address their annuity concerns. JRIA offers consumers the opportunity to grow their assets tax-deferred1 while generating protected income and preserving their legacy. "Through our research and direct feedback from the growing population of independent RIAs, we have developed a product that provides choice and flexibility, helping to address clients' unique needs and the goal to deliver better ou
PRUDENTIAL PLC FULL YEAR 2022 RESULTSA RESILIENT PERFORMANCE IN 2022, WELL POSITIONED FOR OPPORTUNITIES IN 2023 AND BEYONDLONDON, UK / ACCESSWIRE / March 15, 2023 / Performance highlights for the continuing business on a constant (and actual) exchange rate basis1APE sales2 up 9 per cent (5 per cent) to $4,393 million with both agency and bancassurance channels delivering APE sales growth in the second half of 2022New business profit3 down (11) per cent ((14) per cent) to $2,184 million with the impact of higher volumes being offset by higher interest rates and business mix effectsAdjusted operating profit4 up 8 per cent (4 per cent) to $3,375 millionEEV operating profit5 up 15 per cent (12 p
Prudential PLC Full Year 2021 ResultsPrudential Delivers Continued Operational Progress and Completes Strategic Re-PositioningPerformance Highlights for the Continuing Business1 on a Constant (and Actual) Exchange Rate Basis2APE sales3 up 8 per cent (10 per cent) to $4,194 millionNew business profit4 up by 13 per cent (15 per cent) to $2,526 millionStrategic re-positioning to Asia and Africa completedAdjusted operating profit5 from continuing operations up 16 per cent (17 per cent) to $3,233 millionSecond interim ordinary dividend of 11.86 cents per share, 17.23 cents per share for the full yearLONDON, UK / ACCESSWIRE / March 9, 2022 / Mike Wells, Group Chief Executive of Prudential plc, sai
This announcement contains inside informationPrudential leadership update: Mike Wells to retireLONDON, UK / ACCESSWIRE / February 9, 2022 / Prudential plc ("Prudential", the "Company" or the "Group") announces that Mike Wells, Group CEO, has informed the Board that having led the Group through its transformation into an Asia and Africa focused business, he intends to retire from his role at the end of March 2022 and accordingly, will not stand for re-election as a Director at the next Annual General Meeting. He became Group CEO in 2015, having first joined the Group in 1995. Mr Wells executed two strategic demergers and accelerated the development of an Asian shareholder base through a succe
Prudential plc (NYSE:PUK) shares are trading higher after the company launched a share buyback program worth $2 billion. The company expects to complete the share buyback no later than mid-2026. CEO Anil Wadhwani, said, “Progress towards our financial objectives will increase the potential for further cash returns to shareholders. Our dividend policy remains unchanged, with the Board continuing to expect the 2024 annual dividend to grow in the range of 7-9 per cent.” “Our outperformance in H1 2023 when the border between Hong Kong and the Chinese Mainland reopened results in a strong comparator for H1 2024. Q2 2024 APE sales trends are similar to those in Q1 2024.” The terms of t
U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 0.1% on Tuesday. Shares of Medifast, Inc. (NYSE:MED) fell sharply in today's pre-market trading after the company reported mixed first-quarter financial results. Medifast posted adjusted earnings of 66 cents per share, missing market estimates of 78 cents per share. The company's quarterly sales came in at $174.739 million versus expectations of $168.900 million, according to data from Benzinga Pro. Medifast shares tumbled 15.6% to $29.95 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Coursera, Inc. (NYSE:COUR) shares dipped 12.7
Prudential plc (NYSE:PUK) shares are trading lower after the company reported FY 2023 results. Insurance revenue was $9.371 billion versus $8.549 billion a year ago. New business profit rose 45% on CER basis (+43% AER basis) to $3.125 billion in the year. Excluding interest rates and other economic movement effects, new business profit increased 47% Y/Y (+45% Y/Y) in the year. Adjusted operating profit rose 8% (+6% Y/Y) to $2.893 billion. Operating free surplus generated from in-force insurance and asset management business stood at $2.74 billion (2022: $2.76 billion). EPS was $0.619 versus a loss of $(0.368) a year ago. The company declared second interim dividend of 14.21 c
Prudential (NYSE:PUK) reported quarterly earnings of $0.62 per share which missed the analyst consensus estimate of $0.75 by 17.47 percent. The company reported quarterly sales of $9.371 billion which missed the analyst consensus estimate of $27.360 billion by 65.75 percent. This is a 9.62 percent increase over sales of $8.549 billion the same period last year.
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Marpai (NASDAQ:MRAI) shares rose 10.71% to $1.24 during Friday's regular session. The current volume of 161.7K shares is 0% of Marpai's average full-day volume over the last 100 days (last updated at 12:40 EST). The market value of their outstanding shares is at $10.4 million. SelectQuote (NYSE:SLQT) shares increased by 6.77% to $1.26. SelectQuote's stock is trading at a volume of 637.0K shares as of 12:40 EST. This is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $201.2 million. As per the press release,
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Heritage Insurance Hldgs (NYSE:HRTG) stock increased by 3.43% to $6.33 during Wednesday's regular session. As of 12:40 EST, Heritage Insurance Hldgs's stock is trading at a volume of 200.9K, which is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $185.3 million. Kingstone Companies (NASDAQ:KINS) shares moved upwards by 3.33% to $2.48. The current volume of 2.7K shares is 0% of Kingstone Companies's average full-day volume over the last 100 days (last updated at 12:40 EST). The company's market cap stands at