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G Sachs: PICC GROUP Aims to Provide Sustainable Div. Growth for Shareholders in Long Term
2026-01-19 13:13:19
Goldman Sachs revealed in its report that it hosted the management and investor relations teams of PICC GROUP (01339.HK) and PICC P&C (02328.HK) during the Asia Financials Corporate Day.

Regarding dividends, PICC GROUP disclosed its long-term goal of providing shareholders with sustainable per-share dividend growth. It also said it will take the dividend yield into consideration.

Goldman Sachs has rated PICC GROUP as Neutral, with a 12-month target price of HKD6.8 based on a sum-of-the-parts valuation method.

As for PICC P&C, Goldman Sachs has given it a Buy rating and a 12-month target price of HKD19.7 based on a return on equity valuation method.
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