Minsheng securities released a research report on April 29, saying that it gave Postal Savings Bank Of China Co.Ltd(601658) ( Postal Savings Bank Of China Co.Ltd(601658) .sh, latest price: 5.41 yuan) a recommended rating. The reasons for rating mainly include: 1) the performance growth is steady and the medium income growth rate is higher; 2) Active credit supply is expected to drive the net interest margin to stabilize and improve; 3) The asset quality remains stable and the provision coverage is still at a high level; 4) We will further promote inclusive finance. Risk warning: macroeconomic growth rate is down; Frequent epidemic risks; Credit risk exposure.
AI comments: Postal Savings Bank Of China Co.Ltd(601658) in the past month, it has received 13 research reports from securities companies. It has bought 7, increased its holdings of 2, and strongly recommended 2. The average target price is 6.9 yuan, 1.49 yuan higher than the latest price of 5.41 yuan, and the average target price increases by 27.54%.
