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Prudential Financial Full Year 2024 Earnings: EPS Misses Expectations
Prudential Plc Price Target Raised to 980 GBp From 970 GBp at Morgan Stanley
UBS Group: Assigns AIA a "Buy" rating with a Target Price of 91 Hong Kong dollars.
UBS Group released a research report stating a "Buy" rating for AIA (01299) with a target price of 91 HKD. AIA's stock price rose by 5.4% yesterday (13th), and the bank noted several factors behind this. First, competitor PRU (02378) announced a potential spin-off of its Asset Management business in India, estimating an increase in earnings per share by up to 10%, leading some investors to speculate that AIA might take similar actions to unlock value. The bank believes that AIA is focused on consolidating its business foundation to achieve profit growth, generate sustainable cash flow, and return excess capital to Shareholders. Second, based on feedback from some hedge funds, the market may be starting to see a dull position.
Sector Update: Financial Stocks Rise Late Afternoon
Prudential Financial Unveils 2025 Incentive Programs
ICICI Bank Plans to Retain Majority Stake Amid Prudential's Divestment Considerations
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