You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》摩通下調匯控(00005.HK)及渣打(02888.HK)目標價 港銀首選中銀(02388.HK)
摩通發表報告,下調了匯控(00005.HK)和渣打(02888.hK)的盈利預測,以反映通脹和商品價格上漲帶來的宏觀風險。在正面利率前景的支持下,重申對這兩隻股票的「增持」評級,匯控目標價由71元下調至65元,渣打目標價由70元下調至64元。 摩通表示,由於其新興市場和商品敞口,渣打可能面臨更高的盈利風險,因此看好匯控多過渣打。該行在香港銀行中的依次看好中銀香港(02388.HK)、恆生(00011.HK)、匯控、渣打。 摩通指出,匯控和渣打對俄羅斯的直接敞口極小,但通脹上升可能會拖累全球宏觀經濟增長,尤其是在歐盟地區,可能會導致貸款和費用增長放緩,以及銀行的風險成本更高,儘管渣打在歐盟的風險敞口(佔貸款的1%)低於匯控(佔貸款的9%),但由於新興市場和大宗商品風險敞口較高,渣打盈利可能面臨更大的下行風險。 摩通指出,利率每上調25個基點,匯控和渣打2023年的盈利將分別提高6.6%和7.1%,而渣打對美元和港元利率更爲敏感。 對於匯豐,摩通將其2022-2024每股盈利預測分別下調 8%、9%、8%,繼續預測每年20億美元的股票回購。對於渣打,摩通將2022-2024財年每股盈利預測下調 13%、16%、15%,預測2022-2024財年的股票回購規模分別爲2.5億美元、7.5億美元、15億美元。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account