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<Research>G Sachs: PRU/ AIA Valuations Attractive; Shr Price Pullback Offers Buying Opportunity
Recommend 2 Positive 4 Negative 0 |
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The stock prices of PRU (02378.HK) and AIA (01299.HK) fell by 8% and 4% respectively last Friday (13th), according to Goldman Sachs' research report. Investors cited a combination of factors, including the weak sales reported by MANULIFE-S (00945.HK) for 4Q25 on February 12, and concerns over AI-driven disruption. Believing that the growth narrative for PRU and AIA remains intact and most disruptions related to the COVID-19 pandemic have already come to an end, Goldman Sachs sees an attractive risk-reward profile at their current valuations. Goldman Sachs has reiterated a Buy rating on both AIA and PRU, with target prices of HKD96 and HKD150, respectively. AAStocks Financial News |
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