《業績之後》大行對九龍倉置業(01997.HK)最新評級及目標價
九龍倉置業(01997.HK)今早股價受壓，一度下滑4%至44元，中期業績符預期，但投資者擔心公司未來將受本港零售前景面臨挑戰所拖累。公司公布截至今年6月底止中期業績，營業額84.98億元，按年升4.2%。純利69.89億元，按年跌31.3%；每股盈利2.3元。派中期息1.1元，對上財年同期派1.05元。期內基礎淨盈利增加3%至51.84億元，相當於每股1.71元。期內，香港投資物業收入增加4%至74.33億元，營業盈利增加4%至65.91億元。
零售銷售及寫字樓續租租金理想，帶動尖沙咀海港城總收入(包括酒店)上升5%至61.65億元，營業盈利上升6%至50.93億元。商場收入增加6%至39.94億元，佔海港城總收入65%。
【中績符預期 憂零售前景】
瑞信發表報告表示，九龍倉置業中期業績符預期，上半年基礎淨盈利增加3%，相當於對其全年預測49%，每股中期息按年升5%至1.1元，決定下調對其2019年至2021年每股盈利預測均2%，維持對其「中性」評級，並下調其目標價由54.5元降至49.2元，指股價會受市場情緒轉壞所拖累。
里昂發表告指，九龍倉置業中期業績穩固，但基於近期人民幣匯價轉弱、港元匯價強、本地GDP增長持續放緩及政局動盪，本港6月零售銷售加速下滑，錄自2016年8月以來最差水平，決定下調對九龍倉置業評級，由「跑贏大市」降至「跑輸大市」，將目標價由60元降至48元，同時調低對其預測2019年至2021年盈利預測6.5%至14%。
本網最新綜合10間券商對其投資評級及目標價：
券商│投資評級│目標價(港元)
大和│買入│68.4元瑞銀│買入│65元高盛│買入│63元
摩根士丹利│與大市同步│59元
匯豐環球研究│買入│66.3-56.7元
摩根大通│中性│54元
花旗│買入│68.8-53.5元
美銀美林│中性│57-53元
瑞信│中性│54.5-49.2元
里昂│跑贏大市-跑輸大市│60-48元
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