Analyst Note
| Henry Heathfield, CFA |Prudential announced the terms of its U.S. separation. We think the market is overly pessimistic on a few points. We maintain our GBP 15.75 fair value estimate and no moat rating.
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
Capital Allocation
PREMIUM
Prudential announced the terms of its U.S. separation. We think the market is overly pessimistic on a few points. We maintain our GBP 15.75 fair value estimate and no moat rating.
Prudential has two primary business units serving the U.S. and Asia. The U.S. division focuses on variable annuities and Asia on with-profits and unit-linked. There are also complementary asset management offerings.