Rating of Major Banks | UBS Group: Maintains a 'buy' rating on china mobile, still expected to achieve full-year profit growth guidance.

Gelonghui Finance · Oct 21 23:01

UBS Group released a research report stating that China Mobile's third quarter revenue increased by 1% year-on-year and net profit increased by 4.6% year-on-year, meeting the bank's expectations. The bank pointed out that although the net profit in the third quarter of the company slowed down compared to the 5.3% year-on-year growth in the first half of the year, it believes that the company is still expected to achieve its full-year profit growth guidance in the low to mid-single digits percentage. The bank maintains its performance outlook for the company, with a revenue target of stable growth and a favorable increase in net profit this year; it also indicates an annual increase in dividend payout ratio and aims to reach 75% of net profit within three years starting this year. The bank maintains a "buy" rating on China Mobile, with a target price for the H shares listed in Hong Kong at 87 Hong Kong dollars.

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大行评级｜瑞银：维持中国移动“买入”评级 仍有望实现全年利润增长指引

Rating of Major Banks | UBS Group: Maintains a 'buy' rating on china mobile, still expected to achieve full-year profit growth guidance.

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大行评级｜瑞银：维持中国移动“买入”评级仍有望实现全年利润增长指引