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JP Morgan flags reassurance on China rules as it backs Prudential

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JP Morgan flags reassurance on China rules as it backs Prudential

JPMorgan put Prudential PLC (LSE:PRU) on positive catalyst watch ahead of its first-half results due 26 August, seeking reassurance on the impact of a Chinese regulatory change. The broker reiterated an 'overweight' rating, implying a modestly constructive near-term setup pending the earnings update.

Analysis

JPMorgan put Prudential PLC (LSE:PRU) on positive catalyst watch ahead of its first-half results due 26 August, seeking reassurance on the impact of a Chinese regulatory change. The broker reiterated an 'overweight' rating, implying a modestly constructive near-term setup pending the earnings update.

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mildly positive

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0.20

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JPM