《大行報告》美銀證券升匯控(00005.HK)目標價至41.93元 指重組步伐將是關鍵
美銀證券發表報告表示,基於降低對匯豐控股(00005.HK)撥備支出預測,上調對其2020年至2022年除稅前盈利預測各5%、2%及1%,分別至87.12億美元、123.75億美元及158.65億美元。
該行指,重申對匯控「中性」評級,上調對匯控港股目標價由39.66港元升至41.93港元,此按綜合方式作估值;該行亦調高匯控在倫敦目標價由385便士升至405便士。
美銀證券表示,美元匯率並未對新冠疫苗將投產作出反應,而港元短期拆息利率已創下新低,令該行擔心匯豐的存款業務將長期處於虧損狀態。
該行,近期媒體報道稱匯豐銀行可能退出其美國零售業務,指匯豐銀行自1955年首次在美國國內市場擴張以來一直沒有在美國市場站穩腳跟,若市場傳聞若屬實,該行相信匯控會像法國零售業一樣退出。但集團最大的資產負債表的歐洲投資銀行回報仍然很差,指集團未來重組步伐將是關鍵。
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.