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研報掘金|華泰證券:下調中信證券目標價至26.91港元 維持“買入”評級

華泰證券發表報告指,中信證券首季實現營收177.61億元,同比增長29.13%,淨利65.45億元,同比增長32%,與業績預告一致。投資、經紀業務是業績增長的主要驅動力;資產負債表延續擴張趨勢、龍頭地位全面鞏固,維持“買入”評級。

華泰證券指,考慮到4月以來權益市場有所調整,適當下調對中信證券的投資類收入等假設,預測2025至2027年各年淨利潤分別244億、263億及281億元,預計公司2025至2027年每股盈利分別爲1.65元、1.77元及1.9元,較原先預測分別下調2%、10%及18%,目標價由27.1港元降至26.91港元。

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