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《大行報告》瑞信下調郵儲行(01658.HK)目標價至7.4元 評級「跑贏大市」
阿思達克 08-24 10:26
瑞信發表報告指,郵儲銀行(01658.HK)昨日(23日)股價下挫近6%,但基於該行收到的投資者回饋,認為市場反應過度。 瑞信表示,郵儲行遭到沽售主要由於上半年淨息差及純利遜預期,加上支出較預期高等。雖然表現令人失望,但上半年業績亦有正面之處,其中管理層稱撇除一次性因素,上半年的淨費用收入維持近30%增長。 瑞信下調郵儲行股份目標價,由8.3元降至7.4元,評級維持「跑贏大市」,今明兩年盈測亦降低1.7%及5.1%,反映貸款增長放慢、淨息差下降及開支增加。
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