Goldman Sachs raises AIA target price but still falls 2%

Goldman Sachs raises target price, AIA still falls another 2% – 20240316 – Economy – Daily Ming Pao

AIA share price falls

After AIA (1299) announced its results on Thursday, although its profits increased and its new business value was in line with expectations, its stock price continued to adjust as the market fell yesterday, closing at NT$61, down 2% for the day.

market reaction

Investors were disappointed with AIA's latest results, sending its shares lower. Despite the company's earnings growth, the stock price corrected as the market expected higher performance.

Goldman Sachs adjusts target price

Goldman Sachs raised its target price for AIA, indicating that the investment bank is optimistic about the company's future development prospects. However, the stock price was still affected by market sentiment and continued to fall.

investment advice

• Investors should evaluate AIA's fundamentals and future development potential to make informed investment decisions.
• Market fluctuations are normal, and investors should remain calm and not blindly follow market sentiments.
• It is recommended that investors pay close attention to the company's performance and market dynamics and adjust investment strategies in a timely manner.

in conclusion

The decline in AIA's stock price reflects the market's concerns about the company's performance. Investors should remain rational and make investment decisions based on the company's actual situation.