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《大行報告》摩通上調郵儲行(01658.HK)目標價至7.2元 評級「增持」
摩根大通發表研究報告指出,郵儲行(01658.HK)的金融科技發展是轉型的關鍵驅動力,有助實現更有效的成本控制和信貸風險管理。而對選定的代理網點進行轉型,以便他們能夠開展貸款業務,亦將成爲公司收入增長的中期關鍵驅動力。 此外,該行認爲郵儲行收緊壞帳確認政策,提高貸款撥備水平,降低信用風險。而公司結構性改善被低估,包括貸存比率上升、手續費收入增長和成本效率改善。 摩通指出,納入郵儲行去年第四季業績後,對其2022及2023年盈利預測分別下調0.4%及2.1%,目標價由7元升至7.2元,維持「增持」評級。
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