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《大行报告》瑞信下调工行(01398.HK)目标价至6.3元 评级「跑赢大市」
阿思达克 04-30 10:08
瑞信发表报告指,工行(01398.HK)首季盈利按年增长1.5%,较去年全年1.2%增速略加快,惟仍是四大国有银行之中增速最低,主要由於收入增长缓慢及开支增加,首季拨备前盈利按年增长2.7%,较去年全年的4.4%增速放缓,手续费收入表现亦较同业为弱,拨备增幅与同业趋势相同,贷款质素维持稳定。

该行下调今年全年盈测4.4%,下调明年盈测4.7%,以反映收入增长疲弱及拨备增加,目标价自6.6元下调至6.3元,A股目标价则自6.5元人民币下调至6.1元人民币,维持H股「跑赢大市」评级。

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