China Ping An 2% bank calls for long-term growth prospects
Source: Internet
Author: User
KeywordsStock price Premium HK $
Ping An H shares fell 1.84% to HK $53.3 a half-day after falling back this morning, trading 3.48 million shares. Deutsche Bank issued a report saying it maintained the unit's rating because it considered the current valuation reasonable, but raised its target price from HK $57 to HK $58.7, a premium of 10% per cent. Deutsche Bank refers to the reduction of the cost of peace and other short-term new business value growth is also higher. Although the value of short-term new business growth is better than expected, but the bank remains concerned about its long-term growth, because it believes the current price-driven strategy does not guarantee its long-term growth is better than its peers, and fears that the new bridge will 000001-CN a-share stake in the market to ping An's medium-term impact on its share price uncertainty.
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