大行評級|摩根大通:上調渣打集團目標價至135港元 重申“增持”評級
摩根大通發表研究報吿指,將渣打集團2025年至2027年的經調整每股盈利預測分別上調6%、5%及4%;對今年股份回購預測上調至27.5億港元,其中15億港元有可能在上半年公佈。該行提高渣打每股股息預測,預計2024至2026年向股東累計回饋將達105億美元,遠超集團設定的超過80億美元目標以及市場預估約95億美元;料平均有形股本回報率依然呈向上走勢,由去年的11.7%至2026年的13.2%。摩通指,渣打2025年的總回報率目前約為10%,與匯控相當,並位列亞太地區銀行中的最高水平之一。然而,該行更偏好匯控,因為其盈利和股東回報的可見性更高。摩通將渣打目標價由120港元上調至135港元,重申“增持”評級。
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