BMO Capital Reiterates Underperform Rating on Prudential Financial (PRU)

BMO Capital analyst Jack Matten reiterated an Underperform rating and $94.00 price target on Prudential Financial (NYSE: PRU)

The analyst comments "With Japan experiencing an unusually high level of macro volatility, and some recent regulatory scrutiny, we review risks to PRU's Japan biz earnings growth. Over the past decade, this business has exhibited strong absolute returns, and mgmt. has mitigated external headwinds via product repositioning and expense management. However, growth KPIs have decelerated in recent years (e.g. declining sales/revenues which are largely FX-related, flattish earnings growth, and lower FCF generation, see Exhibits 6-7). We lower growth estimates for PRU's Japan biz (~35-40% of total EPS), reducing 2026-27 EPS estimates by ~1-2%."

For an analyst ratings summary and ratings history on Prudential Financial click here. For more ratings news on Prudential Financial click here.

Shares of Prudential Financial closed at $111.11 yesterday.

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