美银证券：升中国平安目标价至67.5港元上季强劲投资收益带动纯利胜预期

Core Viewpoint - Bank of America Securities has raised its profit forecasts for Ping An Insurance (02318) for 2025 by 26% based on higher investment return assumptions, and increased the forecasts for 2026 and 2027 by 4% to 5% [1] Group 1: Profit Forecast Adjustments - The target price for Ping An's H-shares has been increased by 4% from HKD 64.8 to HKD 67.5 [1] - The net profit for the first three quarters of 2025 was reported at RMB 132.9 billion, reflecting an 11% year-on-year growth, which exceeded expectations [1] - The net profit for the third quarter of 2025 saw a significant year-on-year increase of 45%, primarily driven by strong investment returns due to the favorable performance of the CSI 300 Index and the ChiNext Index [1]