《大行報告》摩通升眾安在線(06060.HK)評級至「中性」目標價上調至25元
摩根大通發表研究報告,眾安在線(06060.HK)是亞洲最大市值(45億美元)的保險科技公司,但對其股價態度謹慎,因公司資產負債表風險增加,以及它在傳統互聯網為基礎的電子商務生態系統上的優勢逐漸減弱。該行對於其快速擴張的零售金融(如:信用保險)特別感到關注,因為公司將風險完全保留在資產負債表內。
不過該行在技術分析上,仍將眾安評級由「減持」升至「中性」,目標價由24元上調至25元,主要因為三大因素,包括:高風險業務暫停增長;收入增長放緩,可改善盈利質素及可見度;以及業務擴展到東盟(ASEAN)/日本,擴大高潛力及優質的業務面。因此,摩通將眾安2019年度淨虧損預測收窄20%,料全年虧損預測由11.22億元人民幣(下同)上修至8.92億元,反映業務前景改善;2020年則料虧轉盈,惟全年盈測下降3%至約7.49億元。摩通亦首度發表對其2021年盈測,料全年純利11.4億元。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.