Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>JPM Reiterates Overweight on AIA/ PRU; Prospects for Free Cash Flow Improvement Solid
Recommend 9 Positive 11 Negative 4 |
||||
|
||||
|
The strong improvement in free surplus and free cash flow generation is expected to rebuild market confidence in the embedded value of AIA (01299.HK) and PRU (02378.HK), according to a JPMorgan report. JPMorgan believes that the attractive capital returns and free cash flow yield could drive a revaluation of the stock price to embedded value multiples, with strong growth momentum in Hong Kong presenting upside risks. The broker has reiterated an Overweight rating on AIA and PRU. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
