Professional
Added to YB: 2024-09-30
Pitch date: 2024-09-27
PUK [bullish]
Prudential plc
+58.49%
current return
Author Info
No bio for this author
Company Info
Prudential plc, through its subsidiaries, provides life and health insurance, and asset management solutions to individuals in Asia and Africa.
Market Cap
GBP 36.2B
Pitch Price
GBP 18.36
Price Target
31.50 (+8%)
Dividend
1.69%
EV/EBITDA
5.99
P/E
10.97
EV/Sales
2.84
Sector
Insurance
Category
growth
Prudential plc: Strategic Partnership With Bank Syariah Indonesia
PUK: New partnership with Bank Syariah Indonesia to broaden distribution. Focus on Asia/Africa after UK/EU/NA divestments. Strong growth in emerging markets, improving margins. Pulse app driving engagement. No moat yet, but potential for economic profits. FVE $31.50. High uncertainty. Exemplary capital allocation. 296% capital coverage ratio.
Read full article (9 min)