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《大行報告》里昂降嘉里(00683.HK)評級至「跑輸大市」目標價下調至30元
阿思達克 08-21 10:14

里昂以「順境變逆境」為題發表報告,指現時樓價轉向、息差收窄及派息風險提升,對嘉里(00683.HK)造成不利影響。該行認為,嘉里於本地發展商中最受樓價影響,股價與樓價走向關連性甚高,於樓價下行期間將受到影響,降其評級自「買入」降至「跑輸大市」,基於人民幣貶值及本港租金升幅放緩,降2019年至2021年盈測0.5%至1.3%,目標價相應自37元下調至30元。

該行指嘉里上半年表現符預期,惟管理層對下半年抱審慎態度,主要由於中美貿易糾紛及本港社會問題帶來不確定因素,未有加中期派息。

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