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《大行報告》瑞信下調太保(02601.HK)目標價至23元 評級「跑贏大市」
阿思達克 08-30 10:19
瑞信發表評級報告指,太保(02601.HK)上半年新業務價值按年跌45%,大致上符合市場預測,意味著次季按年跌幅收窄至39%,上半年新業務價值利潤按年跌15個百分點至11%,首年保費(FYP)則按年升26%,意味著次季錄得33%增長,該行預計,公司的首年保費增長自6月起強勁加速,並料下半年新業務價值將出現正增長。 該行指,財產和意外保險(P&C)的綜合成本率按年增2.1個百分點至97.2%,符合預測;上半年稅後淨利潤按年跌23%,符合市場預測,意味著次季按年跌幅收窄至10%。該行將公司2022年至24年的稅後淨利潤預測下調3%,並將其目標價由24元下調至23元,維持其評級為「跑贏大市」。(ca/u) ~
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