Prudential plc [PUK] Stock Forecast

JP Morgan has reiterated its 'overweight' rating on Prudential PLC (LSE:PRU), stating that the insurance group's shares were oversold following its lower-than-consensus new business profit for the 12 months just gone. In a recent note, the investment bank expressed confidence in the valuation case for Prudential and highlighted several positive catalysts that could support a re-rating of the shares relative to its closest peer, AIA, in 2023.

Prudential and Beazley are ways to take advantage of the sell-off in insurance stocks following the collapse of SVB, analysts at JP Morgan suggest. Concern over the sector has ranged from liquidity, mark-to-market losses on bonds and asset risk.

Prudential plc (NYSE:PUK ) Q4 2022 Earnings Call Transcript March 15, 2023 5:00 AM ET Company Participants Patrick Bowes - Investor Relations Anil Wadhwani - Chief Executive Officer James Turner - Chief Financial Officer Avnish Kalra - Chief Risk & Compliance Officer Lilian Ng - Managing Director of Strategic Business Group, China, Hong Kong and Taiwan Solmaz Altin - Managing Director of Strategic Business Group, India, Indonesia, Malaysia, Philippines, Laos, Myanmar, Cambodia and Africa Seck Wai-Kwong - Chief Executive Officer of Eastspring Investments Group Conference Call Participants Thomas Wang - Goldman Sachs Edwin Liu - CLSA Michael Chang - CGS-CIMB Michelle Ma - Citigroup Tianjiao Yu - Bernstein Blair Stewart - Bank of America Kailesh Mistry - HSBC Larissa Van Deventer - Barclays Leon Qi - Daiwa Farooq Hanif - JPMorgan Dominic O'Mahony - BNP Paribas Rhea Shah - Deutsche Bank Andrew Baker - Citi Abid Hussain - Panmure Gordon Andrew Crean - Autonomous Patrick Bowes Good afternoon from Hong Kong. Could I please first ask that you turn off your phones and any other mobile devices that may make a noise?

AXAHY vs. PUK: Which Stock Is the Better Value Option?

ZURVY vs. PUK: Which Stock Is the Better Value Option?

Prudential Plc CEO Mark FitzPatrick discusses the impact of China's reopening and the increased appetite from Asian investors to invest in the company with Alix Steel and Guy Johnson on "Bloomberg Markets: European Close." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.

Prudential has made a significant business overhaul in recent years, being now exclusively exposed to high-growth markets. It is heavily exposed to Asia, enjoying strong long-term growth prospects, and has a sound financial position.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Mark FitzPatrick, group chief executive office of Prudential Plc, discusses the London-based insurer's growth strategy for Asian markets. He speaks on the sidelines of the Singapore FinTech Festival with Haslinda Amin on "Bloomberg Daybreak: Asia.

Prudential Plc Group CEO Mark FitzPatrick discusses the global interest rate environment on "Bloomberg Markets: The Close."

Prudential plc is a GB stock and trading under the symbol PUK

Prudential plc stock price is $25.28 today.

Yes, Prudential plc is a publicly traded company.