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《大行報告》大摩升中國平安(02318.HK)目標價至51元 評級「增持」
大摩發表評級報告指,中國平安(02318.HK)管理層有信心未來三年資產管理業務能夠恢復至高質素增長,再出現巨額虧損的機會不大。該行指,即使稅後經營盈利下跌20%,公司仍能維持穩定派息,緩解部分股東擔憂;人壽業務核心償付能力的充足率仍遠高於監管最低水平,公司預料今年首季或達111%。 該行相信部分核心業務將會出現轉折點,若公司能夠成功收窄資產管理虧損,預料這將會進一步支撐股價反彈。該行維持公司今年及明年的每股盈測大致不變,每股經營利潤預測則稍微上調0.2%及0.1%,將其目標價由48元上調至51元,維持其評級為「增持」。(ca/u) ~
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