PRU.L - Prudential plc

LSE - LSE Delayed Price. Currency in GBp
1,415.50
-11.00 (-0.77%)
At close: 4:35PM GMT
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Previous Close1,426.50
Open1,411.00
Bid1,385.00 x 664800
Ask1,450.00 x 208800
Day's Range1,386.00 - 1,417.00
52 Week Range1,384.00 - 1,992.50
Volume4,302,177
Avg. Volume6,608,149
Market Cap36.537B
Beta (3Y Monthly)0.64
PE Ratio (TTM)16.27
EPS (TTM)87.00
Earnings DateMar 13, 2019
Forward Dividend & Yield0.48 (3.20%)
Ex-Dividend Date2018-08-23
1y Target Est2,073.80
  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of PRU.L earnings conference call or presentation 8-Aug-18 10:30am GMT

    Half Year 2018 Prudential PLC Earnings Call

  • The Never-Ending Turnaround of Credit Suisse
    Bloomberg9 days ago

    The Never-Ending Turnaround of Credit Suisse

    Among 39 European bank stocks tracked by Bloomberg, Credit Suisse was second from the bottom this quarter. “It’s been a relentless restructuring, but what I want to see now from Thiam is that he can grow the bank and generate new business," said Javier Lodeiro, an analyst at Zuercher Kantonalbank in Zurich, who recommends buying Credit Suisse shares. Since taking the leap from British insurer Prudential Plc in mid-2015, Thiam’s objective has been as clear as it has been fierce: demolish Credit Suisse’s reliance on investment banking and build an institution dedicated to serving the needs of billionaires.

  • Is Prudential plc’s (LON:PRU) CEO Being Overpaid?
    Simply Wall St.19 days ago

    Is Prudential plc’s (LON:PRU) CEO Being Overpaid?

    Mike Wells has been the CEO of Prudential plc (LON:PRU) since 2015. First, this article will compare CEO compensation with compensation at other large companies. After that, we will consider Read More...

  • Pension jargon took me 10 years to unravel 
    The Telegraph20 days ago

    Pension jargon took me 10 years to unravel 

    Years of flattering fund reports from Prudential convinced David Mitchell, 69, that he was due a fair-sized pension. When it didn't materialise, he launched a decade-long campaign for answers in plain English. But experts say financial firms are still bamboozling consumers and putting them at risk.

  • The Wall Street Journal24 days ago

    [$$] TalkTalk Abandons Deal as Loss Narrows

    TalkTalk said it has launched a new company, FibreNation, under an independent chair to accelerate its fiber-rollout plans with the target of reaching three million homes and businesses in the U.K. The company said it remains in discussions with potential partners, including Infracapital, to develop a capital structure for FibreNation. In February, TalkTalk and Infracapital reached a preliminary agreement for the launch of a joint venture to deploy fiber infrastructure.

  • Reuters27 days ago

    China moves closer to allowing foreigners to control insurance ventures - sources

    HONG KONG/BEIJING, Nov 19 (Reuters) - China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and is even weighing giving them full ownership earlier than flagged, people with direct knowledge of the matter said. Britain's Prudential Plc and Canada's Sun Life Financial Inc are among insurers who expressed interest in recent months in owning more of their China operations. China has set an agenda to open up its financial sector and has already taken steps this year to relax foreign ownerships in securities ventures.

  • Reuterslast month

    Global accounting body proposes one-year delay to insurance rule

    A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money, after the industry said it needed more time to prepare for such a sweeping change. A spokeswoman for the International Accounting Standards Board (IASB) said that at a meeting on Wednesday the IASB backed a 12-month delay to January 2022. The insurance industry had called for introduction of the rule to be delayed until 2023.

  • Reuterslast month

    Global accounting body proposes one-year delay to insurance rule

    A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money, after the industry said it needed more time to prepare for such a sweeping change. A spokeswoman for the International Accounting Standards Board (IASB) said that at a meeting on Wednesday the IASB backed a 12-month delay to January 2022. The insurance industry had called for introduction of the rule to be delayed until 2023.

  • Reuterslast month

    Global regulators hold off designating 'too big to fail' insurers

    Global insurance regulators will suspend designating globally systemically important insurers, who are required to hold extra capital, in a victory for companies such as American International Group (AIG.N) and Prudential (PRU.L). The International Association of Insurance Supervisors (IAIS) said it wants to replace the list of "too big to fail" insurers, last published in 2016, with a broader framework from 2020. In the aftermath of the global financial crisis, regulators singled out systemically important insurers who then face onerous bank-like capital rules to cover potential losses, increasing costs and potentially reducing shareholder returns.

  • Reuterslast month

    Global regulators review risk assessment of top insurers

    Global insurance regulators have proposed suspending publication of their list of systemic insurers who must comply with tougher capital rules, in a victory for the industry. The International Association ...

  • The Wall Street Journallast month

    [$$] European Equities Market Talk Roundup

    Iliad’s subscriber and revenue results came slightly below consensus expectations, UBS says. 1116 GMT - Greek bank stocks are again under heavy pressure after it was announced that MSCI Standard Greek Index removed three of the country’s four main banks and downgraded them to the MSCI Small Cap.

  • Prudential sees profit boost from Asia, demerger holds on track
    Reuterslast month

    Prudential sees profit boost from Asia, demerger holds on track

    Prudential (PRU.L), Britain's largest insurer, said new business profit from its life insurance operations rose 17 percent in the first nine months of the year, driven by another robust performance in Asia. After a tough year for many asset managers, however, Prudential said its two fund management units, M&G Investments and Asia-focused Eastspring, had both posted net outflows of external client money. "A key positive in Prudential's trading update is a move up in Asian volume growth," said KBW analyst Greig Paterson in a note to clients, flagging an 'outperform' rating and 2,100 pence price target, although he called the outflows "disappointing".

  • The Wall Street Journallast month

    [$$] European Corporate Roundup for Wednesday

    The French train maker Alstom said earnings undershot forecasts, while Germany’s E.ON reported a jump in adjusted income.

  • Reuterslast month

    Prudential's life insurance new business profit rises 17 percent

    The company said new business profit in Asia, where a burgeoning middle class has boosted demand for insurance, rose 15 percent to 1.76 billion pounds. The life insurer, which has a market value of around 42 billion pounds, is in the process of demerging that will see the UK and European insurance and asset management units of the 170-year-old company split off into a separate company. The planned demerger was on track, Prudential said in the business performance update ahead of an investor day event in Singapore.

  • ACCESSWIRElast month

    Prudential PLC Announces Investor Conference News Release

    LONDON, UK / ACCESSWIRE / November 13, 2018 / Prudential plc (NYSE: PUK) ("Prudential") is holding a conference for investors and analysts in Singapore on 14-15 November 2018. The presentations ...

  • CNBClast month

    Prudential already has a large footprint in China — the challenge is to grow that, says its CEO

    Prudential, Britain's largest insurer, has been expanding into China for years. "We have licenses in about 70 percent of the economic footprint now with China, so our biggest challenge is growing into that footprint quickly," Mike Wells, Prudential Group CEO told CNBC. China is committed to opening up its insurance sector just as it's indicated, but it will be on its own time, said Mike Wells, Prudential Group CEO on Tuesday.

  • Investing.comlast month

    Prudential Financial Earnings miss, Revenue beats In Q3

    Investing.com - Prudential Financial (NYSE:PRU) reported third quarter earnings that missed analyst's expectations on Wednesday and revenue that topped forecasts.

  • Hedge Funds Are Dumping Altaba Inc. (AABA)
    Insider Monkeylast month

    Hedge Funds Are Dumping Altaba Inc. (AABA)

    The government requires hedge funds and wealthy investors with over a certain portfolio size to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings discloses the funds’ positions on June […]

  • Reuterslast month

    EU watchdog signals no Brexit action by EU needed for insurance contracts

    There is no threat to European Union financial stability from insurers in Britain and Gibraltar that have yet to shift contracts with EU customers to the bloc in case of a hard Brexit, an EU watchdog said on Monday. The European Insurance and Occupational Pensions Authority (EIOPA) said the biggest insurers in Britain and Gibraltar are shifting nearly 30 million contracts with European Economic Area (EEA) customers to ensure "continuity" in case Britain crashes out of the EU without a withdrawal deal next March.

  • Reuterslast month

    EU watchdog signals no Brexit action by EU needed for insurance contracts

    There is no threat to European Union financial stability from insurers in Britain and Gibraltar that have yet to shift contracts with EU customers to the bloc in case of a hard Brexit, an EU watchdog said on Monday. The European Insurance and Occupational Pensions Authority (EIOPA) said the biggest insurers in Britain and Gibraltar are shifting nearly 30 million contracts with European Economic Area (EEA) customers to ensure "continuity" in case Britain crashes out of the EU without a withdrawal deal next March.

  • Business Wirelast month

    Jackson Acquires John Hancock’s Group Payout Annuity Business

    Jackson National Life Insurance Company® (Jackson®) announced today it has executed definitive agreements with John Hancock Life Insurance Company (U.S.A.) (John Hancock) to reinsure 100% of the Group Payout Annuity business of John Hancock and its affiliate, John Hancock Life Insurance Company of New York. The transaction closed yesterday on the non-New York portion of the business, representing approximately 90% of the overall block of Group Payout Annuities. The closing on the New York portion is subject to New York regulatory approval and is expected to occur in early 2019.

  • Simply Wall St.2 months ago

    Prudential plc (LON:PRU): Does The -18% Earnings Drop Reflect A Longer Term Trend?

    In this article, I will take a look at Prudential plc’s (LON:PRU) most recent earnings update (30 June 2018) and compare these latest figures against its performance over the past Read More...