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《大行報告》大摩:渣打(02888.HK)前景持續改善 資本回報較高 重申「增持」評級
阿思達克 02-16 15:38
摩根士丹利發表研究報告指,渣打銀行(02888.HK)去年第四季業績表現較預期弱,主要是受到一次性項目所拖累,看好集團專注控制成本及改善資本回報,有助於提升未來有形股本回報率(RoTE)。 大摩指出,隨著中國重新開放,亞洲經濟增長見起色,渣打管理層預計2023至2024年收入將增長8%至10%,符合該利預期,但成本與收入增長率差距則預期會達到3個百分點,高於大摩估算的2個百分點。 整體而言,大摩認為渣打去年第四季表現雖較預期疲弱,但前景持續有所改善且資本回報率較高,預期管理層可充分展示集團價值,重申「增持」評級,目標價為69.3元。(gc/u) ~
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