PRU.L - Prudential plc
| Previous close | 1,493.50 |
| Open | 1,477.00 |
| Bid | 1,476.50 x 0 |
| Ask | 1,477.00 x 0 |
| Day's range | 1,466.00 - 1,481.50 |
| 52-week range | 12.37 - 1,795.00 |
| Volume | 3,191,078 |
| Avg. volume | 6,900,556 |
| Market cap | 38.461B |
| Beta (5Y monthly) | 1.10 |
| PE ratio (TTM) | 11.97 |
| EPS (TTM) | 123.50 |
| Earnings date | 11 Mar 2020 |
| Forward dividend & yield | 0.50 (3.40%) |
| Ex-dividend date | 22 Aug 2019 |
| 1y target est | 2,079.18 |
- Reuters - UK Focus
UK watchdog to clamp down on insurance "loyalty penalties"
Britain's Financial Conduct Authority said on Tuesday it was finalising "remedies" to stop home and car insurance companies penalising loyal customers. The watchdog said the "loyalty penalty" cost longstanding customers an extra 1.2 billion pounds ($1.56 billion) in 2018. More than four in five adults in Britain have one or more insurance products, and consumers who stay with their existing insurer at renewal almost always pay higher premiums than those who switch or negotiate, the FCA said in Sector Views, its annual review of key concerns for the year ahead.
- Fool.co.uk
ISA investors! Are these dirt-cheap growth stocks too good to miss?
Looking for big growth at rock-bottom prices? Royston Wild discusses two shares that might appear too good to miss at first glance.The post ISA investors! Are these dirt-cheap growth stocks too good to miss? appeared first on The Motley Fool UK.
- Reuters - UK Focus
Tightrope Thiam: comeback CEO stung by a spying scandal
LONDON/ZURICH, Feb 7 (Reuters) - Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse, some of those who have worked with him predict. "A bit like walking on a tightrope", is how Thiam described leadership in 2012. Leaving the country after the 1999 coup, he became a partner at consultancy McKinsey, before entering insurance at Aviva and then moving on to Prudential, becoming the FTSE 100's first black CEO in 2009.
- Reuters
Exclusive: Prudential eyes full control of China venture, considers U.S. options
Prudential is in talks that could lead to it taking full control of its 50:50 joint venture with China's CITIC and is considering selling some or all of its U.S. business to sharpen its focus on Asia, a source told Reuters. Changes in January to foreign ownership laws in China have made it possible for the first time for the British life insurer to own all of its CITIC joint venture, a landmark transaction which the source said Prudential was working towards.
- Business Wire
Jackson Names Axel André Chief Financial Officer
Jackson National Life Insurance Company® (Jackson®) today announced that Axel André has been named Executive Vice President and Chief Financial Officer of Jackson. André most recently served as Chief Financial Officer of Individual Retirement at AIG. He will be based in the company’s Lansing, Michigan office and will assume his new role effective Feb. 24, 2020.
- Fool.co.uk
No savings at 50? I’d buy these FTSE 100 dividend stocks to retire on a passive income
These two FTSE 100 (INDEXFTSE:UKX) stocks could help late starters build a decent pension fund for retirement, in my view.The post No savings at 50? I'd buy these FTSE 100 dividend stocks to retire on a passive income appeared first on The Motley Fool UK.
- Reuters
Former Bank of England contender Vadera to chair Prudential
British insurer Prudential on Thursday named Shriti Vadera, a possible former contender to replace Mark Carney as governor of the Bank of England, as an eventual successor to Chairman Paul Manduca. Vadera, currently chairwoman of Santander UK Group and senior independent director at mining giant BHP Group , will join Prudential on May 1 as a non-executive director before replacing Manduca on Jan. 1, 2021, Prudential said in a statement. Vadera was touted as one of several candidates for the Bank of England's top job, which will now be taken by Andrew Bailey, former head of Britain's Financial Conduct Authority.
- Reuters - UK Focus
Finance wants competitiveness role for UK watchdogs after Brexit
Britain's regulators should have a formal role after Brexit to keep the financial sector globally competitive and less prone to "gold-plating" international norms, an industry think tank said on Thursday. The International Regulatory Strategy Group (IRSG) said new thinking and targeted reforms were required after Britain leaves the European Union on Jan. 31.
- Simply Wall St.
Why Prudential plc (LON:PRU) Could Be Worth Watching
Prudential plc (LON:PRU) saw a double-digit share price rise of over 10% in the past couple of months on the LSE. With...
- Fool.co.uk
3 FTSE 100 stocks I’d buy for a starter portfolio in 2020
G A Chester discusses three FTSE 100 (INDEXFTSE:UKX) stocks with clear drivers for growth in the coming decades.
- Fool.co.uk
I’d buy these 2 FTSE 100 stocks in 2020 to retire early on a rising passive income
These FTSE 100 shares have all the hallmarks of being high-quality, buy-and-forget income stocks for the long haul.
- Stockopedia
Is there downside risk to the Prudential share price (LON:PRU) at 1,429p?
Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;
- Fool.co.uk
Welcome to 2020! Here are 3 FTSE 100 dividend stocks I’d buy and hold for the next decade
These three FTSE 100 (INDEXFTSE: UKX) dividend stocks look set to benefit from powerful long-term trends over the next decade.
- Fool.co.uk
£3k to spend? A FTSE 100 dividend growth stock I’d buy and hold until 2030
Could this FTSE 100 dividend stock make you very rich. Royston Wild explains why he thinks the answer could be YES.
- Reuters - UK Focus
M&G suspends a second UK property fund
M&G's life and pensions arm said it has suspended a 164 million pound property fund, days after the British fund manager froze dealing in its 2.5 billion pound ($3.21 billion) flagship UK property fund. The ban impacts the Prudential M&G Property Portfolio Fund, a fund fully invested in M&G's Property Portfolio which was suspended on Dec. 4, an M&G spokesman said in an emailed statement on Saturday. M&G suspended dealing in its flagship UK property fund on Wednesday, blaming Brexit uncertainty and weakness in the retail sector for a surge in investor requests to cash out.
- Reuters - UK Focus
UPDATE 2-Investec expects 189 mln stg from asset management spin-off in March
JOHANNESBURG/LONDON, Nov 29 (Reuters) - Anglo-South African financial services group Investec expects to raise about 189 million pounds ($242 million) from the sale of around 10% of its asset management business, which will be renamed Ninety One when it is spun off in March. Investec, which manages more than 119 billion pounds ($154 billion) in assets, announced plans for the split last year and said the asset manager would be better able to focus on creating long term value away from Investec's banking and wealth operations. The demerger follows similar moves by Prudential, Old Mutual and Deutsche Bank as fees fall and costs rise in the fund management sector.
- Reuters - UK Focus
UPDATE 2-Recharged trade hopes boost FTSE, mid-caps hit 15-month high
Britain's FTSE 100 rose on Monday on renewed hopes an initial Sino-U.S. trade deal may be clinched this year while further signs the Conservatives are set to win an election next month drove mid-caps to their highest since September 2018. The main index climbed 1%, boosted by miners and Asia-focused financial stocks HSBC and Prudential after the U.S. national security adviser said a preliminary trade deal was possible this year. The index, which jumped more than 1% in the previous session, was also supported by a 3% gain in Burberry after rival LVMH agreed to buy U.S. jeweller Tiffany for $16.2 billion.
- Reuters - UK Focus
UPDATE 2-Aviva shares drop as strategy update leaves investors underwhelmed
Shares in Aviva slid on Wednesday after the British insurer announced it would reorganise into five divisions and sell its stake in its Hong Kong business, falling short of investor expectations for a broader change in strategy. Analysts had speculated Aviva might announce that it would sell smaller European operations such as France or Italy to focus on the UK, or offload books of life insurance closed to new customers. Aviva is folding Aviva Investors, its fund management arm, into a broader investments, savings and retirement division.
- Reuters - UK Focus
UPDATE 2-FTSE up for 3rd day on China stimulus hopes, Halma jump
London's FTSE 100 shed most of its earlier gains but still managed to close higher on Tuesday, as sentiment was supported by a surge in safety equipment maker Halma and hopes of more stimulus from economic powerhouse China. The FTSE 250, which had jumped over 1% earlier, ended with a 0.4% gain, still hovering at a 14-month high. Markets are viewing a prospective Tory victory as a positive on hopes that Prime Minister Boris Johnson, with a majority in parliament, will be able to reduce uncertainty by delivering Brexit on or before the Jan. 31 deadline.
