《大行報告》野村下調招行(03968.HK)目標價至75.78元 評級「買入」
野村發表報告表示,招商銀行(03968.HK)今年首季純利按年增13%至360億元人民幣,大致上符合該行預測,淨利息收入按年升10%至540億元人民幣,淨利息收益率按年跌1個百分點,惟按季升3個百分點至2.51%。
該行表示,維持招行在2022年至2023年盈利預測大致上不變,非利息收入增長下降被營運開支下跌所抵銷,以反映今年首季業務,並將其目標價由88.29下調至75.78元,意味着公司今年1.93倍市賬率,維持「買入」評級。
就中紀委公佈招行原黨委書記、行長田惠宇涉嫌嚴重違紀違法,目前正接受中央紀委國家監委紀律審查和監察調查。該行表示事件爲招行近期帶來不確定性,但仍認爲其長期前景保持不變。(ca/w)
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