《大行報告》高盛上調匯控(00005.HK)目標價至70元 可受惠於加息週期
高盛發表報告表示,匯豐控股(00005.HK)將於8月1日公佈今年第二季業績,料集團第二季除稅前盈利39.28億美元按年跌22%(按季跌6%)、估計次季純利25.67億美元按年跌24%(按季跌8%),料收入126.9億美元按年升1%(按季升2%),估計淨息差可按季擴闊9個基點(對比今年首季7個基點),令淨利息收入可按年升10%。
該行預料美國息率趨升下,會爲匯控(00005.HK)帶來穩健的利潤率擴張,在今年下半年港元利率走向或有利於集團利潤表現,並預料其銀行淨利息收入於明年年中加速及達致頂峯(升20%以上)。
高盛表示,重申對匯控「買入」投資評級,上調對其未來12個月目標價由65元升至70元,並調高對匯控2022年至2025年每股盈利預測各1%、11%、9%及5%,料匯控於2022年至2024年每股派息可按年各升3.3%、73.5%及15.6%,目前估值相當於預測2022至2024年股息回報各3.9釐、6.8釐及7.8釐。
該行估計匯控2022年每股盈利預測按年跌13.8%至4.91美元,料集團2023年每股盈利預測按年升42.2%至6.36美元。
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