Prudential PLC
PRU: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 9,171.00 | Xdfny | Qfsqqpry |
Prudential Is Well Positioned for Long-Term Growth, but We Do Not Believe It Has a Moat
Business Strategy and Outlook
With the divestment of Prudential PLC's U.K. and European operations, followed by the sale of its Jackson business in North America, Prudential is now a life and health insurer that is fully focussed on Asia and Africa, with one of the region’s largest asset management businesses.