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《大行》花旗升渣打(02888.HK)目標價至147.8元 季績勝預期上調盈測
阿思達克 08-04 11:52
花旗表示,將渣打集團(02888.HK)2025年基本每股盈利預測上調8%,主要反映2025年第二季強勁的業績表現,同時將2026年至2027年基本每股盈利預測小幅上調2%至3%,主要受財富管理收入增長推動。按報告基準計算,2025年每股盈利預測上調15%,但2026年下調2%,此調整反映與「Fit For Growth」計劃相關的成本轉型行動(CTA)時程變更。 花旗表示,該行對渣打更新後的稅前利潤預測較市場共識高出5%至7%,主要基於略高的淨利息收入及非利息收入增長。該行預期渣打2026年經調整有形股本回報率(RoTE)將達到13%,相對集團目標約13%,略高於市場共識的12.7%。 基於盈利預測調整,花旗將渣打目標價從139.4港元上調至147.8港元,維持「中性/高風險」評級。
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