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《大行報告》高盛上調匯控(00005.HK)目標價至84元 次季業績勝預期
阿思達克 08-02 09:51
高盛發表研報指,匯控(00005.HK)第二季業績表現強勁,收入高於市場預期,成本及信貸費用基本符合預期。收入勝預期原因約30%由淨利息收入帶動,而其餘70%由非利息收入主導。 該行指出,匯控上半年資本狀況略遜於預期,普通股權一級資本比率為14.7%,僅較去年第四季增加0.5個百分點,低於市場及該行預測的14.9%及14.8%。 但高盛亦指出,匯控宣布再次進行20億美元的回購計劃,管理層對2023財年淨利息收益全年指引亦上調至超過350億美元,有信心實現今明兩年修訂後有形股本回報率目標約15%,亦較早前的12%提升。 高盛將匯控2023至2026年每股盈利預測上調 10%、4%、5%及7%,派息預測上調11%、9%、7%及5%,指出2024至2025年平均有形股本回報率約為16%,維持「買入」評級,目標價升至84元。
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