大行評級 | 摩通大通:輕微上調招行盈利預測 H股目標價續看70港元
格隆匯4月24日丨摩根大通發表研報,將招商銀行(3968.HK)2023至2025年的盈利預測分別上調0.57%、0.85%和0.82%,維持H股目標價70港元及“增持”評級。報吿認為,招商銀行在中國擁有最好的零售業務經營權,因此2022年單一分行的零售存款顯著高於同業平均水平;招商銀行存款成本在股份制銀行和城商行中為最低,在存款利率自由上佔優。報吿又指,招商銀行的不良貸款覆蓋率較高於其他全國性銀行,其撥備前利潤和平均資產更是同業中最高,這將為未來的盈利提供緩衝。該股收報39.8港元,總市值10037億港元。
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