大行评级|瑞银:上调中国平安目标价至66港元 预测第二季新业务价值按年增长43%

格隆汇
31 Jul

瑞银发表研究报告指,中国平安将于8月底公布上半年业绩,目前预测中期税后经营利润(OPAT)将按年增长3.5%,其中第二季增速加快至4.5%,对比首季为2.4%,主要受惠资产管理业务受资本市场复苏带动,以及财产险业务因利率下行推动债券公允价值回升;预测第二季新业务价值(VNB)按年增长43%,上半年增幅为38%,跑赢同业。瑞银又预测,中期股息将轻微增加至每股0.94元,随着减值压力缓解,预计全年股息达到每股2.63元,股息回报率为5.1%,属同业最高。基于宏观环境改善及利差风险下降,该行将目标价由60港元上调至66港元,维持平安的“买入”评级。

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