《大行報告》裏昂:招行(03968.HK)聘任王良出任行長 爲股價利好催化劑
裏昂發表報告,指招行(03968.HK)聘任王良出任行長,爲股價利好催化劑,意味招行將保持發展戰略不變,消除了市場的一個主要擔憂。
裏昂指,如該行在之前報告中所指,王良是管理團隊中最適合擔任行長職務人選,因爲他有廿七年在該行工作經驗和在資本市場具良好聲譽。
該行對招行的競爭優勢可持續性仍然充滿信心,認爲最近股價過度調整,並預計招行盈利在2024年將達到16%的年複合增長率,股本回報率(ROE)將擴大到18%,現估值相當於今年預測市賬率1.1倍屬吸引,維持「買入」評級。
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