《大行報告》高盛料友邦(01299.HK)首季新業務價值9.79億美元 目標價下調至101元
高盛發表研究報告指,友邦(01299.HK)將於本月底公布今年首季經營數據,預料其新業務價值(VONB)將達到9.79億美元,按固定匯率(CER)及AER1實際匯率(AER)計算分別按年升20%及15%;至於中國VONB則預期按CER計增長7%,關注對中國業務利潤率及年化新保費表現。
基於外匯、股份及債券收益率因素,該行微調對友邦2023至2025年業績預測,將賬面價值預測上調8%,以反映3至4月份美國債券收益率下降後債券投資組合未實現的重估收益,目標價由103元輕微下降至101元,維持「買入」評級。(gc/s)
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