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Added to YB: 2024-07-03

Pitch date: 2024-06-24

PUK [bullish]

Prudential plc

+61.85%

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 18.50

Price Target

31.00 (+7%)

Dividend

1.69%

EV/EBITDA

5.99

P/E

10.97

EV/Sales

2.84

Sector

Insurance

Category

growth

Show full summary:
Prudential plc: Announces $2 Billion Capital Return to Shareholders; Shares Undervalued

PUK: $2B capital return; 242% free surplus ratio; 7-9% div growth target; double-digit OFSG & 15-20% new biz profit CAGR 2022-27; $4.4B OFSG by 2027; Asia/Africa focus; improving margins; long growth runway; high retention rates; Pulse app driving growth; FVE $31/share; high uncertainty due to China exposure

Read full article (11 min)