大和:重申眾安在線(6060.HK)優於大市評級 目標價上調至55港元
大和發表研究報吿指,預期眾安在線(6060.HK)今年上半年業績表現穩固,受車險CoR(綜合成本率)改善或現驚喜、科技收入強勁及更高的投資收入所帶動,部分受到香港虛擬銀行及保險虧損所拖累,料今年上半年純利按年升約20%至約5.9億元人民幣,將目標價由53港元上調至55港元,重申優於大市評級。
該行表示,留意到公司的線上健康保險保費正在強力反彈,公司的線上分銷渠道正持續受惠於客户遷移數目上升,並且公司受惠於中國核心保險客户人口結構,正轉移至高教育程度及較年輕的世代,他們對保險所提供的保護有較大認知,而最近亦看見公司線上市場推廣具有較高的投資回報率(ROI)。
該行指出,預期今年上半年的CoR上升250個基點至101%,主要受產品結構改善所帶動,預期公司今年上半年及今年全年科技輸出業務收入按年上升65%,並料公司將披露更多有關科技業務的資訊。

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