Prudential H1 profits rise as new CEO unveils pivot towards Asia

30th Aug 2023 07:13

(Sharecast News) - Insurer Prudential on Wednesday posted a better-than-expected 6% rise in first-half operating profits as Chinese investors bought its products in Hong Kong after Covid restrictions were lifted, and also outlined a new investment strategy pivot towards Asia.

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Broker tips: Prudential, National Grid, SSE

23rd Aug 2023 14:53

(Sharecast News) - Deutsche Bank has cut its target price for insurance giant Prudential ahead of its results next week, but said the stock is still an "attractive" investment at the current valuation.

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Prudential a 'buy' ahead of H1 results, says Deutsche Bank

23rd Aug 2023 09:00

(Sharecast News) - Deutsche Bank has cut its target price for insurance giant Prudential ahead of its results next week, but said the stock is still an "attractive" investment at the current valuation.

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Broker tips: Prudential, Auto Trader, AJ Bell

2nd Jun 2023 14:25

(Sharecast News) - JPMorgan Cazenove placed Prudential shares on 'positive catalyst watch' on Friday into the first-half results in August.

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JPMorgan puts Prudential on 'positive catalyst watch', shares rally

2nd Jun 2023 09:06

(Sharecast News) - JPMorgan Cazenove placed Prudential shares on 'positive catalyst watch' on Friday into the first-half results in August.

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Prudential makes internal CFO appointment after Turner resignation

31st May 2023 07:27

(Sharecast News) - Prudential said on Wednesday that chief financial officer James Turner has resigned due to an investigation into his conduct relating to "a recent recruitment situation".

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Director dealings: WPP CFO covers tax bill, Prudential board members invest

16th May 2023 12:33

(Sharecast News) - WPP was on the list of director sells on Tuesday, after its chief financial officer covered their statutory liabilities.

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Prudential posts jump in Q1 sales, new business profit

28th Apr 2023 07:51

(Sharecast News) - Prudential posted a jump in first-quarter sales on Friday as it benefited from the easing of Covid curbs in China.

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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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