2026年3月10日,瑞银发布最新研究报告,对徽商银行(03698)作出目标价上调6.6%的调整,由原有3.05港元提升至3.25港元,此次估值测算采用三阶段DDM模型,对应0.25倍市净率,不过该行对徽商银行的投资评级仍维持“沽售”不变。瑞银在报告中指出,徽商银行财务状况虽有改善,但较低的估值倍数充分反映出其资产质素存在不确定性、运营风险较高以及股票流动性不足等因素带来的风险溢价。该行同时提及,...
Source Link2026年3月10日,瑞银发布最新研究报告,对徽商银行(03698)作出目标价上调6.6%的调整,由原有3.05港元提升至3.25港元,此次估值测算采用三阶段DDM模型,对应0.25倍市净率,不过该行对徽商银行的投资评级仍维持“沽售”不变。瑞银在报告中指出,徽商银行财务状况虽有改善,但较低的估值倍数充分反映出其资产质素存在不确定性、运营风险较高以及股票流动性不足等因素带来的风险溢价。该行同时提及,...
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