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02328 PICC P&C
RTNominal up12.640 +0.120 (+0.958%)
Research Report

26/01/2024 14:30

{I-bank focus}Citi raises PICC P&C (02328) to HKD11.2

[ET Net News Agency, 26 January 2024] Citi raised its target price for PICC P&C (02328)
to HKD11.2 from HKD10.5 and maintained its "buy" rating.
The research house said it trims FY23E/FY24E/FY25E EPS estimates by 5.2%/4.6%/0.2%,
respectively, primarily on lower investment income forecasts dragged by poor A share
performance. (RC)

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