《大行》花旗升大摩(MS.US)目標價至155美元 評級「中性」
花旗研究報告表示,預期摩根士丹利(MS.US)第三季業績強勁,有利的市場表現應可以促使穩健的財富管理業績;花旗又看到市場對大摩所有目光聚焦於30%稅前利潤率目標。考慮到背景,花旗認爲大摩有可能達成上述目標。
花旗表示,雖然大摩第三季度稅前利潤率數字,主要取決於強勁市場表現驅動的費用收入增長,但看到大摩在未來幾個季度,將維持在29%範圍,並在2027年底貸款滲透率、非諮詢收入擴張後,可持續超過30%。
花旗最近與大摩管理層的會議後,對大摩建立的財富管理引擎印象更深,將其目標價從130美元升至155美元;評級「中性」。
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