You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
里昂下调希慎(0014.HK)目标价至34港元维持“跑输大市”评级
格隆汇 08-14 11:56

里昂发表报告表示,希慎(00014.HK)今年上半年纯利按年增长9%,主要推动力为利园三期所带来贡献,使写字楼租金收入录13%的上升。至于其他业务,包括零售在内业务于上半年表现具韧性,主因受惠于早前的定位转变。

不过,该行认为香港最近政局动荡不断提升,将使零售业遭受严重损害,相信行业出现长期下行周期已是不可避免。里昂下调对希慎2019年至2021年的盈利预测各0.7%、3.5%及6.6%,以反映本港零售销售前景恶化。

里昂称,下调对希慎目标价,由44港元降至34港元,此相当每股资产净值折让54%,维持“跑输大市”投资评级。

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.
uSMART
Wealth Growth Made Easy
Open Account