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《大行報告》招行(03968.HK)投資評級及目標價(表)
阿思達克 08-11 16:14
招商銀行(03968.HK)將於本周五(13日)公布截至今年6月底止中期業績,受惠於收入增長及信用成本降低,本網綜合4間券商預測,招行2021年上半年純利料介乎576.05億至587.83億元人民幣,較2020年同期497.88億人民幣,按年升15.7%至18.1%;中位數581.6億元人民幣,按年升16.8%。 中金建議投資者關注招行旗下「大財富」價值循環鏈表現。而招行於今年3月曾指大財富價管理價值鏈為該行未來五年工作主線,將科技基礎建設和數字化經營加到客戶資產負債表,冀打通數字化獲客到財富管理的路徑,經過「存款轉AUM、貸款轉FPA(客戶融資總量)」兩步,形成「投行-資產管理-財富管理」價值循環鏈。而招行7月曾公布旗下零售AUM(管理客戶總資產)時點規模首破10萬億大關,今年上半年招行AUM規模增超萬億,已超過上年全年增量七成,令投資者關注其大財富管理計劃策略及進展。 下表列出17間券商對其評級及目標價: 券商│投資評級│目標價(港元) 中金│跑贏行業│90.59元 野村│買入│82.26元 摩根大通│增持│81元 摩根士丹利│增持│80.3元 大和│買入│80元 高盛│買入│78.82元 瑞信│跑贏大市│78元 銀河-聯昌│增持│75.5元 里昂│買入│75元 建銀國際│跑贏大市│74元 中銀國際│買入│71元 大華繼顯│買入│71元 花旗│買入│70元 法巴│持有│68元 傑富瑞│持有│62.72元 匯豐環球研究│持有│58元 麥格理│跑輸大市│45元
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