-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下:我們將MKL的12個月目標價下修183美元的183美元,以2026年每股盈餘預期109.85美元(下修5.20美元)的18倍率計算,以2027年營運每股盈餘預期116.65美元(下調4.00美元)的市盈率。相較之下,該股過去三年的平均遠期本益比為18倍,同業平均本益比為12倍。我們也將2026年營運收入成長預期從4%至7%下調至持平至成長6%。第一季營運收入較去年同期持平,反映出保費收入下降2%(低於許多同業),但部分被投資收益成長8%、產品收入成長2%以及服務收入成長2%所抵銷。我們認為,這些業績,再加上 MKL 非保險業務的一些利潤率壓力,消除了股價上漲的催化劑。
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