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美银美林:降中银香港(2388.HK)目标价至31.7港元 重申“买入”评级
格隆汇 09-02 15:40
美银美林发表报告表示,中银香港(2388.HK) 上半年纯利升2.2%,扣除额外一级资本债派息后纯利跌1.7%,核心盈利升5%,较同业恒生银行(0011.HK) 增长7.7%为弱。
该行指,中银期内股本回报率跌1.2个百分点至13.1%,核心一级资本维持稳健状态在17.8%,每股中期息0.545港元,管理层预期可维持吸引的派息。
美银美林表示,降中银香港2019至2021年盈利预期1-8%,升股本成本25基点,以反映香港经济风险,下调对其目标价由35.75港元降至31.7港元,重申“ 买入 ”评级,指其估值吸引。
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