On November 18, Gelonghui reported that Goldman Sachs released a report following china life insurance's announcement of its third-quarter results, raising the company's earnings forecast for this year by 19%, mainly due to better-than-expected investment performance in the third quarter, and made slight adjustments to the earnings forecasts for the next two years by 1% to 2%. Therefore, Goldman Sachs slightly raised the target price for china life insurance from HKD 18 to HKD 19, maintaining a "buy" rating on its listed in hong kong shares. Goldman Sachs maintains its prediction for china life insurance's dividend per share this year at HKD 0.65, equivalent to a year-on-year growth of 51%, which implies a dividend yield of about 17% for this year. Based on a 30% dividend payout ratio, the forecasts for dividend per share for 2025 and 2026 have been slightly adjusted by 6% and 3%, respectively. Additionally, Goldman Sachs raised the new business value forecast for china life insurance for 2024 to 2026 by 6% to 10%, reflecting the better-than-expected expansion of profit margins so far this year, as well as the anticipated further decline in guaranteed policy returns in the fourth quarter of this year.
- Headlines
- Rating by goldman sachs: Slightly raise the target price of china life insurance to 19 Hong Kong dollars, raise this year's profit forecast by 19%.
大行评级|高盛:轻微上调中国人寿目标价至19港元 上调今年盈利预测19%
Rating by goldman sachs: Slightly raise the target price of china life insurance to 19 Hong Kong dollars, raise this year's profit forecast by 19%.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Got it
Write a comment
0 0 0
LikeLoveLaughing CryRespectEmmSadAngry
Tap to Select a Mood
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
Use the share button in your browser
to share the page with your friends
Tap here to share
No comments yet. Write one.
Related Stocks Related Stocks
Symbol Mini Chart Latest Price
Unlock the Full List
Statement
This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.