《业绩之後》大行对九龙仓置业(01997.HK)最新评级及目标价
九龙仓置业(01997.HK)今早股价受压，一度下滑4%至44元，中期业绩符预期，但投资者担心公司未来将受本港零售前景面临挑战所拖累。公司公布截至今年6月底止中期业绩，营业额84.98亿元，按年升4.2%。纯利69.89亿元，按年跌31.3%；每股盈利2.3元。派中期息1.1元，对上财年同期派1.05元。期内基础净盈利增加3%至51.84亿元，相当於每股1.71元。期内，香港投资物业收入增加4%至74.33亿元，营业盈利增加4%至65.91亿元。
零售销售及写字楼续租租金理想，带动尖沙咀海港城总收入(包括酒店)上升5%至61.65亿元，营业盈利上升6%至50.93亿元。商场收入增加6%至39.94亿元，占海港城总收入65%。
【中绩符预期 忧零售前景】
瑞信发表报告表示，九龙仓置业中期业绩符预期，上半年基础净盈利增加3%，相当於对其全年预测49%，每股中期息按年升5%至1.1元，决定下调对其2019年至2021年每股盈利预测均2%，维持对其「中性」评级，并下调其目标价由54.5元降至49.2元，指股价会受市场情绪转坏所拖累。
里昂发表告指，九龙仓置业中期业绩稳固，但基於近期人民币汇价转弱、港元汇价强、本地GDP增长持续放缓及政局动荡，本港6月零售销售加速下滑，录自2016年8月以来最差水平，决定下调对九龙仓置业评级，由「跑赢大市」降至「跑输大市」，将目标价由60元降至48元，同时调低对其预测2019年至2021年盈利预测6.5%至14%。
本网最新综合10间券商对其投资评级及目标价：
券商│投资评级│目标价(港元)
大和│买入│68.4元瑞银│买入│65元高盛│买入│63元
摩根士丹利│与大市同步│59元
汇丰环球研究│买入│66.3-56.7元
摩根大通│中性│54元
花旗│买入│68.8-53.5元
美银美林│中性│57-53元
瑞信│中性│54.5-49.2元
里昂│跑赢大市-跑输大市│60-48元
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app！
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
