DBS Bank: Ping An (02318) shows strong growth in new business value in the first half of the year, with a target price of 69 Hong Kong dollars and a reiterated "buy" rating.
According to the China Fortune Finance and Economics APP, DBS released a research report stating that it reiterated a "buy" rating on Ping An of China (02318), and pointed out that the group remains the preferred insurance stock among them, with a target price of 69 Hong Kong dollars for H shares; Based on a 15% premium, the target price for A shares (601318.SH) is 68.41 RMB.
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