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大行評級|中銀國際:上調農業銀行目標價至6.1港元 去年業績超過大型銀行板塊
格隆匯 04-02 14:47
中銀國際指,農業銀行去年第四季純利按年升9.2%,全年增長4.7%,對比去年首三季的增長3.4%。該行指,農行去年業績超過大型銀行板塊。全年淨利息收入增長1.6%,優於首三季的1%按年增長,主要受惠生息資產穩定增長和淨息差穩定。農行去年第四季不良貸款比率下降,資產質量改善,其撥備覆蓋不良貸款比率或處中國大型銀行中較高水平。農行縣域業務貢獻未來或在農村金融業務中獲得更多市場份額。該行預測農行今年平均股本回報率將達10.3%,目標價從5.64港元上調至6.1港元,相當於預測今年市賬率0.7倍,維持“買入”評級。
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