大行評級|大摩:上調港交所目標價至223港元 輕微上調2024至26年每股盈測
大摩發表報吿稱,在港交所第一季業績公佈後更新預測,2024至2026年每股盈利增長預測輕微上調1.1%、0.8%及0.8%。該行將其目標價由221港元升至223港元,評級“減持”。
報吿指,由於外部投資組合表現好過預期,以及保證金基金規模回升,第一季淨投資收益比預期高12%。因此將2024至2026年的淨投資收入預測分別上調13.1%、12.8%及12.4%。考慮到牛熊證及衍生產品的上市量減弱,將上市費用收入預測分別下調4.4%、4.6%及4.9%。由於港交所增加了人手並調整薪酬,該行將2024至2026年的總開支假設各上調 4.8%、4.5%及3.1%,導致EBITDA利潤率下降,由2023年的72.3%降至2024年的70.5%。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.