研報掘金|華泰證券:上調中國銀行目標價至5.67港元 維持“買入”評級
華泰證券發表報告指,中國銀行去年淨利潤增速超該行此前預期的0.9%,主要因成本端優化幅度好於預期。去年擬每股派息0.24元,分紅率30.0%,A/H股息率4.42%/5.69%。該行預測中行2025至2027年淨利潤爲2429、2522及2638億元(2025至2026年較前預測值基本持平),按年增速2.1%、3.9%及4.6%。公司國際化、綜合化特色突出,應享一定估值溢價,目標價由4.75港元上調至5.67港元,維持“買入”評級。
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