UBS: Maintains Agricultural Bank of China (01288.HK) "Neutral" rating and HK$7.3 target price; third-quarter revenue and net profit growth lead state-owned peers.
Zhitong Finance APP has learned that UBS released a research report stating that it maintains a "Neutral" rating and a target price of HK$7.3 for Agricultural Bank of China (01288.HK) H-shares. The company's third-quarter revenue and net profit growth continued to lead its state-owned peers, mainly benefiting from steady net interest income and strong investment gains. The bank expects a positive market reaction.
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