一文了解券商对中国平安(02318.HK)公布季绩後最新观点、评级及目标价
中国平安(02318.HK)公布今年首季绩後，今早股价造好，股价最新报87.6港元升1.6%。中国平安昨日(22日)收市後公布今年首季业绩，营业额3,667.94亿元人民币按年升3.25%。纯利272.23亿人民币按年升4.5%；每股盈利1.54元。年化营运ROE达20%。
平安首季寿险及健康险新业务价值按年增长15.4%至189.80亿人民币；营运利润同比稳定增长4.2%至255.8亿人民币。截至2021年3月末，平安个人客户数超2.2亿，较年初增长1%；其中持有多家子公司合同的个人客户数8,457万，占比提升至38.3%。集团指，公司对华夏幸福(600340.SH)相关投资资产进行减值计提及估值调整金额为182亿元，对税後归属於母公司股东的净利润影响金额为100亿元人民币，对税後归属於母公司股东的营运利润影响金额为29亿元人民币。
【绩後股价上涨 新业务价值强】
瑞信表示，中国平安今年首季纯利升4.5%，相尚於市场对其今年预测17%，集团除税後营运溢利高於该行原预期9%，若撇除一次性影响後首季纯利及除税後营运溢利各升43%及17%。该行指中国平安首季新业务价值按年升15%，优於同业及该行原预期升12%，并估计集团於今年上半年新业务价值按年升4%，指今年第二季前景充满挑战。该行重申对中国平安「跑赢大市」评级及目标价115元，料未来数季持续复苏，指H股现估值相当於股价对内含价值的0.84倍处三年低位。
摩根大通指中国平安首季业绩优预期，寿险业务持续复苏，有助市场提升对其估值，重申对其「增持」评级及目标价130元。汇丰环球研究发表报告指出，中国平安管理层料集团今年寿险业务新业务价值增长可达正数，但同时指长期保障产品销售仍然受压，并重申对其「买入」评级及目标价120元。
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本网最新综合9间券商其投资评级及目标价：
券商│投资评级│目标价(港元)
摩根大通│增持│130元
汇控环球研究│买入│120元
瑞信│买入│115元
摩根士丹利│增持│118元
高盛│买入(「确信买入」名单│117元
瑞银│买入│115元
里昂│买入│114元
野村│买入│113.88元
大和│持有│92->90元
券商│观点
摩根大通│寿险业务连续增长复苏及税後利润增长为多重扩张提供潜力
汇控环球研究│寿险新业务价值增长指导保持不变，预计今年转正
瑞信│首季寿险新业务价值增长固，但前景存挑战
摩根士丹利│首季寿险新业务价值增长按年增15%符预期
高盛│料今年二季度新业务价值增长将放缓
瑞银│首季寿险及健康险新业务价值增长超预期
里昂│对首季业绩感愉快，维持「买入」评级
野村│首季财产险盈利超预期，寿险业务复苏有望实现
大和│料今年下半年新业务价值增长将大幅放缓
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