小摩：下调富卫集团(01828)目标价至47港元维持“增持”评级

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智通财经APP获悉，摩根大通发布研报称，富卫集团(01828)2025年业绩稳健，该行调整预测，上调合约服务边际(CSM)预测，下调自由盈余及内含价值相关预测以反映日本新偿付能力框架(ESR)，以及降低泰国产品利润率假设。该行预测富卫现估值相当于2027年预测市盈率7倍，基于未来三年核心盈利增长预期，估值便宜，目标价由50港元下调至47港元，重申“增持”评级。报告指，集团现金生成能力显著改善，受惠...

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小摩：下调富卫集团(01828)目标价至47港元 维持“增持”评级

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小摩：下调富卫集团(01828)目标价至47港元维持“增持”评级