《大行報告》大摩相信建行(00939.HK)股價60日內將升 評級「增持」
摩根士丹利發表技術研究報告,相信建行(00939.HK)股價60日內將上升,料發生此概率約60%至70%;給予「增持」評級,目標價8.8元。
大摩引述內媒報道指,內地可能很快實施存款利率定價改革,旨在降低銀行的資金成本。該行估計,平均而言的定期存款利率將因此而下降約20個基點,估算建行淨息差預計將提高9個基點,淨利潤影響料上升6%。
除了存款利率改革對銀行盈利的上升潛力外,大摩認為建行還有其他積極催化劑,包括在經濟有彈性的情況下,第二季度的利潤反彈將更強;以及因股息策略可能帶來了一些短期錯誤定價。
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