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Showing 1 to 15 of 27 entries
PAST TOP PICK
(A Top Pick Feb 25/21, Up 25%) Will benefit from rising rates. De-risking assets. Good technical chart. Outperforming the S&P. Only 0.7x price to book. Yield is 4.3%.
insurance
TOP PICK
Financials destined to outperform in next 12-24 months. Global, diversified. Second largest lifeco in US. Interest rates moving higher helps. Trades at just over half of book value, a huge discount to peers. Dividend looks solid and will probably grow over time. Yield is 5.09%. (Analysts’ price target is $85.53)
insurance
DON'T BUY
A lifeco in America that deals in seg funds. They have a stronger share in cancer insurance in Japan. With interest rates so low, the present value of the benefits they have promised to pay policyholders have risen in value. So, it makes no sense to own any insurers until long-term rates rise. PRU has a strong capital position, so it's better than its peers, but it isn't immune.
insurance
PAST TOP PICK
(A Top Pick Nov 08/18, Up 4%) They spun off the asset management business in the UK that was a 3.7B pound deal. Typically, you see what happens with the spin out and sell it if you like it. There is some upside. Their Hong Kong headquarters is growing very strongly. US operations are growing well too. With Brexit and Hong Kong issues resolved, the business could grow even more.
insurance
COMMENT

US Lifeco vs Financials PRU-N is at risk to interest rates on their premiums collected as he thinks yields will remain neutral. He is not keen on BAC-N either at this point for the same views of the yield curve. Things can't get any better for each right now -- a no man's land right now. He sees a bit better bid for Lifecos, but mostly from a defensive position. There are more compelling areas than these two spaces.

insurance
DON'T BUY
Metlife vs. Prudential vs. US banks Both are high quality and international. Strong. He doesn't love lifecos now, because there's a lot going on in health, such as the prevalance of diabetes. He wants to see higher interest rates which can benefit lifecos. As for banks, he'd stay away. The rates and yield curve have flattened. Met are doing the right thing, like a nice dividend and a big share buybacks. It isn't expensive and doing 10% earnings growth, but there are greener pastures elsewhere.
insurance
BUY on WEAKNESS
Typically it is around $100 and is around $90 at present so a good a time to buy. Bond yields are low and the asset management business has seen fee compression. People are living longer and so there has been some mispricing on life insurance contracts. It has been a though business for a couple of years. It pays a dividend. It will probably get double digit returns this year. He would buy it down here.
insurance
DON'T BUY
He would avoid life insurance in general because rising interest rates raise the present value of their liabilities.
insurance
COMMENT

BAC vs. PRUDENTIAL If both benefit from wider rates, the spreads will widen for U.S. banks, which have been
pulling back. BAC has A 10% market share in the U.S. which is as big as the entire Canadian banking system. BAC has lot of exposure to the plain mortgage side where spreads should expand. Be patient and you'll see earnings and dividends. U.S. lifecos should benefit, too, but so will Canadian ones like MFC-T (which is a good entry point now). He prefers American banks over their lifecos.

insurance
DON'T BUY

BAC-N vs. PRU-N. He leans more toward the banks. You are taking on yield curve and interest rate risk with the banks, however. BAC-N is his preference.

insurance
BUY

Prudential Financial (PRU-N) or the banks? He would own both. You need to diversify within your financial sector. The banking sector grows differently than life insurance. Life insurance is a bit more dependent on where interest rates are heading, and he thinks they are going to continue to creep higher. This company has a very strong balance sheet and a tremendous amount of capital in their balance sheet.

insurance
COMMENT

MetLife, Prudential or the American banks? He would give a bit of a nod towards the banks. As a general proposition, there are more ways the banks can boost earnings. The purchase of insurance is very much out of favour. Regarding MetLife versus Prudential, he would give a slight nod to this one as they have been doing some cost cutting which will help their bottom line.

insurance
BUY

This closed at $110.27, and he has a model price of $125.66, a 14% upside. He is positive for the whole US financial sector. This is one you could buy for the long-term. Dividend yield of 2.75%.

insurance
BUY

The lifecos are big beneficiaries of rising rates. There is going to be improving loan growth in US wealth management.

insurance
BUY

MetLife (MET-N) or Prudential Life (PRU-N)? When you are building a diversified portfolio, within financials, if you own a bank, only 1 or 2 lifecos is just as good. He can’t really choose between these 2, and in fact would own both of them. Both are going to move in similar directions, and both will benefit from rising interest rates.

insurance
Showing 1 to 15 of 27 entries

Prudential Financial Inc(PRU-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Prudential Financial Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Prudential Financial Inc(PRU-N) Frequently Asked Questions

What is Prudential Financial Inc stock symbol?

Prudential Financial Inc is a American stock, trading under the symbol PRU-N on the New York Stock Exchange (PRU). It is usually referred to as NYSE:PRU or PRU-N

Is Prudential Financial Inc a buy or a sell?

In the last year, 1 stock analyst published opinions about PRU-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Prudential Financial Inc.

Is Prudential Financial Inc a good investment or a top pick?

Prudential Financial Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Prudential Financial Inc.

Why is Prudential Financial Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Prudential Financial Inc worth watching?

1 stock analyst on Stockchase covered Prudential Financial Inc In the last year. It is a trending stock that is worth watching.

What is Prudential Financial Inc stock price?

On 2022-07-01, Prudential Financial Inc (PRU-N) stock closed at a price of $97.42.