10 Best Insurance Stocks to Buy Following Q1 Earnings

7. Prudential plc (NYSE:PUK)

Target Price: $37.69 

Upside Potential: 31.88% 

On May 15, Morgan Stanley analyst Hadley Cohen lowered the firm’s price target on Prudential plc (NYSE:PUK) to 1,400 GBp from 1,420 GBp while maintaining an Overweight rating on the shares. Despite the modest reduction in the target price, the continued Overweight rating reflects the firm’s positive view of Prudential’s long-term prospects and confidence in the company’s ability to execute its growth strategy across its key markets.

On April 23, Morgan Stanley raised its price target on Prudential plc (NYSE:PUK) to 1,420 GBp from 1,270 GBp and reiterated an Overweight rating on the stock. The upward revision highlighted improving expectations for the company’s earnings potential and business outlook, reinforcing the firm’s constructive stance on Prudential’s exposure to attractive long-term growth opportunities in its core operating regions.

Founded in 1848, Prudential plc (NYSE:PUK) is headquartered in Hong Kong and London. It is a multinational financial services firm that provides life and health insurance, retirement services, and asset management solutions, primarily serving customers across Asia and Africa.