Prudential Financial, Inc. (NYSE:PRU) has seen an array of developments and shows potential for considerable growth. They recently participated in the
2024 KBW Insurance Conference and have had consecutive strong earnings calls with forecasts being met. Prudential also launched
SimplyIncome for workplace retirement plans on the Fidelity Investments™ platform. The stock is
up 13% YTD and there are prospects for a further rise in the future.
Prudential assumes $4.9 billion in pension obligations for 21,500 Shell U.S. retirees, reflecting their expanding base. Declaring
quarterly dividends and a $2 billion share buyback signifies the firm's stable financial state. However, there were irregularities with
international earnings slipping and a
data breach impacting 2.5 million. Despite these instances, Prudential remains an undervalued asset.
Prudential Financial PRU News Analytics from Thu, 07 Sep 2023 07:00:00 GMT to Sat, 17 Aug 2024 01:18:36 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 0
