You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
大行評級|摩根大通:重申匯豐“增持”評級 仍爲亞太地區銀行首選
格隆匯 02-20 16:08
摩通發表報告指出,匯豐控股去年第四季業績勝預期,經調整稅前盈利超過該行及市場預期10%與9%,公司最新對有形股本回報(ROTE)的指引爲中雙位數(約13%至17%),或將令市場對其今明兩年的每股盈利增長預測上調介乎中單位數至低雙位數。該行仍認爲匯控爲亞太地區銀行首選,重申對其“增持”評級,目標價95港元。從估值角度看,匯控目前相當於預測市賬率1.1倍,股本回報率達12.5%,如與過去十年平均0.9倍的市賬率和8.7%的平均股本回報率相比,仍有進一步重評的空間。而匯控重組及管理層對2025至2027年ROTE的指引,增加中期盈利的清晰度。此外,該行提及匯控過去三個月股價累升24%,但相信在未來12個月,匯控仍能提供約10%的總回報,具吸引力。
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.
uSMART
Wealth Growth Made Easy
Open Account