《大行報告》瑞信升東方證券(03958.HK)評級至「跑贏大市」 目標價上調至8.6元
瑞信發表報告,指東方證券(03958.HK)在主動資產管理方面的優勢顯著,料集團可維持高佣金率,同時在資管新監管後渠道業務被淘汰的情況下保持韌性。
該行預期,集團今年的資產管理費用收入將按年強勁增長23%,費用率由1.15%升至1.2%。而集團今年全年收入料可按年上升10%至346億元人民幣,稅後純利則估計按年增長21%至49億元人民幣。
瑞信將東方證券股份評級由「中性」升至「跑贏大市」,目標價由5.34元上調至8.6元,以反映受惠於資產及財富管理業務的龍頭地位令盈利潛在提升。
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