Prudential plc ADR Stock News

Deutsche Bank has nudged up its price target on Prudential PLC (LSE:PRU) ahead of next week's first-quarter trading update but is keeping its rating at 'hold', saying recent gains have brought the insurer's valuation closer to fair value. The bank raised its target price from 870p to 900p, noting that life and pensions giant shares have rebounded strongly since early April, delivering an 8% tot...

Prudential Plc (NYSE:PUK ) Q4 2024 Earnings Conference Call March 20, 2025 4:30 AM ET Company Participants Patrick Bowes - Head of Investor Relations Anil Wadhwani - Chief Executive Officer Ben Bulmer - Chief Financial Officer Solmaz Altin - Regional CEO, Growth Markets, Health and Agency Dennis Tan - Regional CEO, Singapore, Thailand, Vietnam & Partnership Distribution Angel Ng - Regional CEO,...

LONDON--(BUSINESS WIRE)--Citi Issuer Services, acting through Citibank N.A., has been appointed by Prudential plc (“Prudential”) to act as successor depositary bank for its sponsored Level 2 American Depositary Receipt (“ADR”) program. Prudential's ADRs are listed and traded on the New York Stock Exchange under the symbol “PUK”. Each ADR represents two ordinary shares of the company. Prudential...

Prudential Plc (NYSE:PUK ) Q4 2024 Pre-Recorded Remarks March 19, 2025 6:00 PM ET Company Participants Anil Wadhwani - Chief Executive Officer Ben Bulmer - Chief Financial Officer Anil Wadhwani Hello, I'm Anil Wadhwani, CEO of Prudential. Thank you for joining me today.

Prudential plc has struggled in recent years, particularly in ASEAN markets, leading to significant underperformance compared to competitors. Management is addressing these issues by refreshing and expanding product offerings, expanding bancassurance partnerships, and targeting a growing middle class for long-term earnings growth. Prior year-to-date results showed encouraging improvements in AS...

Prudential plc's recent performance was good, considering its Annual Premium Equivalent sales growth acceleration in Q3 2024 and its New Business Profit margin improvement for 9M 2024. The stock's potential shareholder yield is estimated to be an attractive high-single digit percentage, considering its share buyback progress. I have raised my rating for PUK to a Buy, as my target P/B multiple o...