Rakuten Trade Research Reports
Foreign Equities – HK - AIA GROUP LTD - BUY with 23.7% potential upside and positive technical indicator.
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Publish date: Sun, 05 Mar 2023, 05:52 PM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
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Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Technical Analysis
Share price rebounded after reaching its MA 200 line and it is now trading above all its key moving average lines. Indicators are showing bullish signals and uptick momentum, share price is expected to propel higher.
Fundamentals
Net profit is expected to grow at a CAGR of 65% for the next 3 years with improved margin estimated to be above 8%.
Source: Rakuten Research - 5 Mar 2023
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