Alert: Positive Investment/Fundamental Signals (6/11/24)-Prudential PLC (NYSE: PUK)

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Recent significant positive changes in fundamentals have benefitted Prudential PLC (NYSE: PUK): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Important positive changes in Prudential PLC (NYSE: PUK) investment behavior have recently occurred: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

PUK is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Prudential has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Prudential has a neutral Power Rating of 42 but a poor Appreciation Score of 23, with the Negative Value Trend Rating the result.

Recent Price Action

Prudential PLC (NYSE: PUK) stock closed at $18.15 on 6/11/24 after a decline of -2.2%. However, this decline was accompanied by below average trading volume at 71% of normal. Relative to the market the stock has been weak over the last nine months and has declined -7.5% during the last week.

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