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Guotai Haitong Sticks to Its Buy Rating for AIA Group (AAIGF)

Tipranks - Sun Mar 22, 12:38AM CDT

Guotai Haitong analyst maintained a Buy rating on AIA Group yesterday and set a price target of HK$102.76. The company’s shares closed yesterday at HK$86.05.

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AIA Group has an analyst consensus of Strong Buy, with a price target consensus of HK$103.35, a 20.10% upside from current levels. In a report released yesterday, TipRanks – OpenAI also reiterated a Buy rating on the stock with a HK$91.00 price target.

Based on AIA Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$17 billion and a net profit of HK$3.71 billion. In comparison, last year the company earned a revenue of HK$12.17 billion and had a net profit of HK$3.52 billion

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