Agricultural Bank of China Ltd Class A
601288: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|yr | LOCK|gDBr | LOCK|p$Js>& |
Agricultural Bank of China: Reduce Cost of Equity Estimates; Increase Fair Value Estimate
We reduce our cost of equity assumptions for Agricultural Bank of China to reflect a combination of recent industry developments, including weaker-than-expected year-to-date loan growth, a modest May interest rate cut, and policies to curb pricing competition among banks.
