Deutsche Bank hikes target price on Prudential

24th Apr 2023 12:36

(Sharecast News) - Analysts at Deutsche Bank raised their target price on insurance firm Prudential from 1,460.0p to 1,550.0p on Monday, stating the stock's current price did not reflect a number of key points.

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Prudential FY profits rise as China Covid easing boosts sales

15th Mar 2023 07:05

(Sharecast News) - Insurer Prudential reported a better-than-expected rise in annual profit on the back of new insurance sales and said China's relaxation of Covid restrictions had also provided a boost.

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Prudential to open Macau branch

26th Jan 2023 07:25

(Sharecast News) - Prudential has received approval from Macau to open a branch of its Hong Kong business there, the company said on Thursday.

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Asia close: Stocks rise but analysts divided on outlook for China reopening

24th Jan 2023 10:17

(Sharecast News) - What Asian stock markets remained open over the Lunar New Year holiday were mostly higher again.

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Exane downgrades Prudential to 'underperform'

5th Jan 2023 14:12

(Sharecast News) - Exane downgraded Prudential on Thursday to 'underperform' from 'neutral' as it said the investment case is about "jam tomorrow, not jam today".

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Sector movers: Financials and Oil pace gains, China in the spotlight

29th Nov 2022 21:30

(Sharecast News) - Financials and Miners paced gains in the stock market on Tuesday following news that authorities in China wanted to strengthen vaccination rates among those over 80.

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Bank signals readiness to extend bond buying if needed - FT

12th Oct 2022 05:53

(Sharecast News) - The Bank of England may extend its backstop programme for the UK government bond market past its 15 October deadline, the Financial Times reported, citing people briefed on the discussions.

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Sector movers: Life insurers pace losses, BoE says 'you've got three days'

12th Oct 2022 05:01

(Sharecast News) - Life insurers were at the bottom of the pile on Tuesday amid continued selling pressure in longer-term Gilts that forced the Bank of England to intervene for the second time in three days.

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JP Morgan raises target price on Prudential

23rd Sep 2022 13:47

(Sharecast News) - Analysts at JP Morgan raised their target price from insurance firm Prudential from £13.80 per share to £14.50 on Friday to reflect foreign exchange movements and a roll-forward of its valuation.

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Prudential H1 operating profit rises but outlook cautious

10th Aug 2022 07:50

(Sharecast News) - Asia-focused insurer Prudential reported a rise in first-half operating profit on Wednesday but struck a cautious note over the outlook.

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Prudential appoints Anil Wadhwani as CEO

25th May 2022 10:01

(Sharecast News) - Prudential said on Wednesday that it has appointed Anil Wadhwani as group chief executive officer with effect from 25 February 2023.

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Treasury launches consultation on insurance rules shake up

28th Apr 2022 10:01

(Sharecast News) - The UK government has launched a consultation on its plans to radically overhaul the rules governing insurance companies.

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Deutsche Bank lowers target price on Prudential

20th Apr 2022 12:20

(Sharecast News) - Analysts at Deutsche Bank lowered their target price on insurance company Prudential from 1,550.0p to 1,475.0p on Wednesday but said "brighter skies" were ahead.

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Director dealings: Two Pru directors invest, Smart Metering chair saves holding

16th Mar 2022 15:12

(Sharecast News) - Prudential disclosed two purchases made by non-executive directors on Wednesday, landing itself on the list of director buys.

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Prudential profits beat expectations, sees Ukraine risks

9th Mar 2022 07:08

(Sharecast News) - Asia-focused insurer Prudential on Wednesday reported a rise in annual operating profit driven by new business amid the Covid pandemic.

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