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《大行报告》瑞信上调友邦(01299.HK)目标价至90元 评级「跑赢大市」
阿思达克 10-19 10:20
瑞信发表研究报告指友邦(01299.HK)即将公布第三季业绩,预期新业务价值於第三季为7.24亿美元,按年跌26%,较市场预期跌28%-30%为好,而全年预期为28.24亿美元,跌32%。

该行指,第三季中国业务年化保费复苏大致合符轨道,但9月份表现较温和,预计整体第三季中国业务新业务价值录单位数下跌,但仍跑赢当地同业的双位数跌幅。

香港表现继续受挑战,相信会持续至下半年,因目前边境仍然未开,不过公司代理人数按季略为增加。泰国方面,新业务销售在第三季进一步改善,新业务年化保费於7-8月跌14%,对比第二季跌25%;预期星马两地亦有类近趋势。

该行下调集团全年新业务价值预期,由原先料跌22%,降至料跌32%,但上调明年预期至增长32%(原先预期增长28%),调升今年每股盈利预期6%以反映股市获利表现,目标价由82元升至90元,评级「跑赢大市」。

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