大行評級丨高盛:維持友邦保險“買入”評級 預計全年增長勢頭將進一步改善
高盛發表報告,預計市場將對友邦保險2025年第一季度業務更新表現出正面反應,因新業務價值增長超出預期。這一超出預期的表現反映中國香港市場增長優於預期,以及泰國和馬來西亞的強勁增長。友邦還指出,新業務合約服務邊際增長速度更快,這應爲稅後營運利潤增長提供有利條件。考慮到2024年第一季度新業務價值約佔全年40%,該行認爲這代表穩健的潛在增長。隨着基數效應逐漸減弱,預計全年增長勢頭將進一步改善。高盛繼續認爲友邦的風險回報比具吸引力,維持“買入”評級,目標價90港元。
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