美银美林:予汇控(0005.HK)目标价67.21港元 评级“中性”
美银美林发表研究报告指,预计香港下半年将出现经济衰退,即使近期发生的社会事件完全平息,访港旅客数字亦需要一段时间恢复。不过,香港银行同业拆息(HIBOR)处于较高水平,汇控(0005.HK)未来增长将有挑战。该行予汇控目标价7.06英镑/67.21港元,评级为“中性”。
美银美林表示,集团2019年的收入按年增长3%,相信在普通股权一级资本比率维持14%的情况下,派息有望维持0.51美元的水平,但认为2020年将不会有10亿美元的回购计划。
该行又指,有报道指出汇控考虑出售法国零售银行业务,认为有关报道合理,并相信集团有可能亦会将美国零售银行的业务出售。早前集团计划裁员,遣散费或达到7亿美元,该行看到集团2020年有关环球银行及市场的目标将会进一步下降。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.