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<Research>M Stanley: AIA (01299.HK) Shr Price Has 70-80% Chance to Rise in Next 30 Days
Recommend 24 Positive 49 Negative 23 |
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Morgan Stanley issued a research report believing that there is a 70-80% probability that the share price of AIA (01299.HK) will rise in the next 30 days. The Group's 1Q25 results beat expectations, with a record quarterly result last year and 13% growth in VNB on CER basis as a result of APE expansion and improved margin. In Morgan Stanley's view, AIA will continue to deliver overall healthy double-digit growth for the rest of the year, and its current valuation is still low, and hence looks quite attractive. Therefore, the broker rated AIA at Overweight, with a target price of $81. AAStocks Financial News |
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