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《大行报告》摩通:国寿(02628.HK)首季盈喜影响正面 料证券同业将上调预测
阿思达克 04-22 11:28
摩根大通发表报告表示,中国人寿(02628.HK)公布首季盈喜,料纯利按年增长55%至75%,即首季归属於母公司股东的净利润可达260亿至300亿人民币,高於该行原先预测的176亿人民币,主要得益於投资收益较高所带动,料对市场情绪影响正面,该行维持对国寿「增持」评级及目标价38元。

该行相信国寿首季盈喜可成其近期股价催化剂,料市场同业将上调对其盈利预测,因假设国寿首季纯利按年升75%,已意味着纯利达到300亿元人民币,已相当证券同业对其今年全年预测550亿人民币(摩通则估计为560亿人民币)逾一半水平。

摩通指,国寿目前估值仅相当预测市盈率7倍及股息回报4.6厘,今年以来股价跑输大市,相信是市场关注宏观环境波动、寿险新业务销售疲弱等因素。

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