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《大行報告》摩通降匯控(00005.HK)目標價至81元 穩健ROTE及強勁現金回報支持估值
阿思達克 01-18 10:17
摩通發表評級報告指,即使在2024年至2026年息口或累計下調200個基點,料匯控(00005.HK)有形股本回報率(ROTE)在2026年回復正常至11.5%,同時料未來12個月,現金股息和回購股份累計250億美元,相等於市值的17.5%。該行相信,當進入減息時,具有高收益股票的吸引力亦會上升,又指匯控交易價格低於其開發市場銀行同業及其過去平均市賬率的記錄。 該行將匯控在2024年每股盈測維持不變,2025至2026年則下調5%,並將其目標價由83元下調至81元,其評級為「增持」。(ca/cy) ~
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