大行评级｜星展：上调保诚目标价至138港元 维持“买入”评级

Core Viewpoint - DBS estimates that Prudential could raise $1.19 billion from the IPO of its joint venture asset management company IPAMC [1] Group 1: Financial Projections - The bank projects that Prudential's shareholder returns will reach 7% to 9% over the next two years [1] - Prudential has previously indicated intentions to return all earnings to shareholders through share buybacks, which could increase shareholder returns by 6.5% [1] Group 2: Target Price and Rating - DBS has raised Prudential's target price from HKD 126 to HKD 138 [1] - The bank maintains a "Buy" rating on Prudential [1]