《大行報告》花旗首予友邦(01299.HK)「買入」評級 目標價上望90元
花旗發表報告表示,首予友邦保險(01299.HK)「買入」評級,目標價上望90元,此相當於股價對今年內含價值2.2倍。
該行指友邦在18個亞洲市場具高質素及長期優良的業務紀綠,雖然本港社會事件仍未平息,但相信公司亦可設法爭取內地逐步開放的保險市場,並可最受惠於內地開放行業措施,最終可在大灣區享有先驅優勢。
花旗指,友邦股價自7月見頂以來已累積回調16%(恆指同期跌10%),相信本港社會事件影響因素已反映在股價之上,因預期內地訪客於來年下跌50%因素。
該行估計,友邦於2019年至2021年純利預測各為65.56億美元、71.23億美元及77.92億美元,按年各增1.52倍、8.6%及9.4%,該行亦料友邦於2019年至2021年新業務價值分別為43.87億美元、49.7億美元及59.21億美元,按年分別升10.9%、13.3%及19.1%。
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