Don’t be put off by the shares underperforming its peers
Thursday 04 Apr 2019 Author: Tom Sieber
A disappointing share price showing in the last 12 months has created an excellent opportunity to buy FTSE 100 insurance business Prudential ( PRU ) ahead of the demerger next year of its UK and European operations from its faster growing Asian arm and US operations. Shore Capital analyst Paul De’Ath suggests the soon-to-be demerged M&G Prudential business is currently included in the share price for virtually nothing despite...