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《大行報告》摩通下調中銀(02388.HK)目標價至37.8元維持「增持」評級
阿思達克 07-03 10:40

摩根大通發表報告表示,重申對中銀香港(02388.HK)維持「增持」評級,但下調其目標價,由原來39元降至37.8元,此相當於預測今年市賬率1.45倍及市盈率12倍,以反映利率前景將會放緩。

該行指,調整對中銀香港2019年及2020年盈利預測各5%及2%,以反映今年首季營運表現因素。該行認為,中銀香港目前估值已大致反映核心盈利前景放緩預期,相信下行空間有限,並指其提供近5厘派息收益吸引。

摩根大通估計,中銀香港於2019年及2021年每股經調整盈利各為3.2、3.48及3.83元,料2019年及2021年每股全年派息分別1.54、1.67及1.84元,料提供股息回報各5厘、5.4厘及5.9厘。

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