The increase in China Reinsurance (Group)’s future P/E ratio suggests higher earnings growth expectations or improved sentiment, supporting the upward revision of its consensus analyst price target from HK$1.13 to HK$1.21.
What's in the News
- Announced final ordinary dividend of RMB 0.05 per share for the year ended 2024.
Valuation Changes
Summary of Valuation Changes for China Reinsurance (Group)
- The Consensus Analyst Price Target has risen from HK$1.13 to HK$1.21.
- The Future P/E for China Reinsurance (Group) has risen from 5.56x to 5.96x.
- The Discount Rate for China Reinsurance (Group) remained effectively unchanged, moving only marginally from 8.81% to 8.83%.
Disclaimer
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