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野村:料內地車險價格管制逐步取消 調整財險(2328.HK)等的評級和目標價
格隆匯 11-25 13:49
野村發表報告指,預計內地車險價格管制步伐温和,將會以可控速度逐步取消,因此車險承保表現變動將會較為温和,料將以U形發展而非V型急升,預期車險市場將整固,車險保費增長放緩,於產險佔比中亦會減少。
該行持續視財險(2328.HK) 為行業首選及給予“ 買入 ”評級,基於盈利預測調整升其目標價4.5%至11.62港元。人保(1339.HK) 目標價亦自4.25港元上調至4.33港元,評級維持“ 買入 ”。該行亦上調眾安在線(6060.HK) 於2019年至2021年綜合本率預測,股價折讓比率亦上調50點子至12.5%,評級自“ 買入 ”降級至“ 中性 ”,惟由於盈測調整,目標價上調2.4%至27.49港元。另外,該行下調中國再保險(1508.HK) 之長期股本回報率,目標價降17.5%至1.34港元,評級同樣自“ 買入 ”降級至“ 中性
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