<Research Report>Brokers' Ratings & TPs to ABC (01288.HK) (Table)
ABC (01288.HK) will announce FY15 results tomorrow (31 March).
According to 11 brokers' forecasts, the FY15 net profit of ABC ranged RMB176.484-182.092 billion, down 1.7% to up 1.5% over the same period of 2014.
Median was RMB179.84 billion, up 0.2% yearly. 11 brokers' ratings and target prices to the bank are consolidated as follows:
Broker/Rating/Target price (HK$)
Bernstein/Equalweight/4.7
Morgan Stanley/Overweight/4.4
Bank of America Merrill Lynch/Buy/3.99
JP Morgan/Overweight/3.8
Goldman Sachs/Buy/3.48
Credit Suisse/Overweight/3.3
Macquarie/Outperform/3
UBS/Neutral/3
BNP Paribas/Buy/2.9
HSBC/Hold/2.8
Daiwa/Underperform/2.4
Source: AAStocks Financial News