花旗：料招商银行(03968)溢价估值难以维持目标价41.06港元

智通财经2025-04-30

智通财经APP获悉，花旗发布研报称，市场对招商银行(03968)首季净利润同比跌2.1%逊预期的表现反应负面，又认为显示管理层在推动盈利增长方面的动机有限，因该行没有资本压力，且已能通过内生资本生成满足增长需求。该行目前予招行H股“买入”评级及目标价41.06港元。该行表示，虽然认为招行仍能实现全年至少正向或持平的盈利增长，但全年最终盈利增长可能仍将保持低迷。结合难以进一步提高股息支付比率空间，...

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花旗：料招商银行(03968)溢价估值难以维持 目标价41.06港元

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花旗：料招商银行(03968)溢价估值难以维持目标价41.06港元