2328: Revenue And Dividend Developments Will Support Balanced Returns Outlook

Narrative Update on PICC Property and Casualty Analysts have raised their price target for PICC Property and Casualty from $19.30 to $19.46, citing improved revenue growth projections and stable profit margins as key factors supporting the positive revision. What's in the News The company issued earnings guidance projecting a net profit increase of approximately 40% to 60% for the first three quarters of 2025 compared to the same period in 2024 (Key Developments).

Narrative Update on PICC Property and Casualty Analysts have increased their price target for PICC Property and Casualty from ¥19.09 to ¥19.30. They cite slightly stronger profit margin forecasts, which offset modestly lower revenue growth expectations.

The consensus price target for PICC Property and Casualty was little changed despite a higher forward P/E multiple and slightly lower revenue growth forecast, resulting in a minor increase in fair value to HK$19.09. What's in the News Proposed ordinary interim dividend of RMB 0.24 per share for the six months ended 30 June 2025.

The modest upward revision in PICC Property and Casualty’s consensus price target likely reflects a higher future P/E multiple, while profitability remained stable; as a result, the fair value estimate increased slightly to HK$17.14. What's in the News Board meeting scheduled to consider and approve interim results for the six months ended June 30, 2025, and potential interim dividend payment.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.