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|招銀國際:重申友邦“買入”評級 估值上修潛力和空間大
格隆匯 03-19 11:05

招銀國際發表報告指,友邦新回購計劃如期落地,年內回購金額小幅優於預期。公司宣佈新一輪16億美元股份回購計劃於2025年內完成。結合1至2月已完成的7億美元回購,公司全年股份回購金額爲23億美元,對應股東回報率2.8%。該行此前預計新一輪股份回購計劃爲20億美元,於一年內完成;若以9個月等量計,年內新一輪股份回購小幅超預期。

報告指,集團新業務價值按年增18%至47.12億美元,略低於該行預期;其中下半年和第四季新業務價值增速放緩至13%和9%,低於該行預期增長16%和14%,第四季主要受內地產品切換和開門紅增速放緩影響。集團新業務價值率54.5%,按年增加1.9個百分點,與此前預期54.7%基本一致。公司股東回報和價值增長共進,估值上修潛力和空間大。考慮到投資波動和各地區新業務價值增速分化,調整基於相對估值法和評估價值法目標價,由94港元降至89港元,重申“買入”評級。

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