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大和:下調友邦(1299.HK)今年新業務價值增長4% 呼籲買入
格隆匯 03-13 13:44

大和總研發表研究報告指,新冠肺炎在短期內雖為暫時,但有足夠的破壞力,而面對減息,友邦(1299.HK)已在運營和財務上預備。該行重申其“買入”投資評級,目標價100港元不變,仍為地區金融板塊首選。

大和預期,雖然外在環境有不確定性,但料今年第一季中介人人數仍有正面按季增長,不過中國的旅客大跌,相信內地訪客客户業務會有戲劇性下跌。而面對減息風險,該行料友邦會降低新產品的擔保率和現有產品的保單持有人獎金。

另外,大和下調2020年新業務價值增長4%,以反映大於預期的疫情影響,並下調2020-21年IFRS淨利潤預測11-21%,以反映近日股市大跌。

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