美銀證券:下調匯控(0005.HK)目標價至63.87港元 重申“買入”評級
美銀證券發表研究報告,指考慮到新型冠狀病毒肺炎疫情,將匯豐控股(0005.HK)
2020年每股盈利預測下調3美仙。表示由於現階段全球每日確診個案仍未達高峯,因為目前的預測依然受事態發展所左右。報告指,匯控透過全球重組將風險加權資產減少約600億美元,同時未有影響其税前利潤,相信扣除重組成本後,將釋放超過50億美元資本價值並回饋予股東,預期該行未來可更專注發展高利潤率的交易及亞洲業務。
美銀認為,匯控接下來的業績將以重組成效為主題,估計若其可以有效率地縮小歐美市場業務規模,將能夠釋放大量資本,可望獲得市場重新定位。考慮到受疫情拖累,每股盈利預測有所下調,美銀下調匯控目標價,由66.95港元降至63.87港元,但由於收益率水平達7%,因此重申“
買入
”評級。
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