麦格理升润地(1109.HK)目标价至39.62港元评级“优于大市”
麦格理发表研究报告指,华润置地(1109.HK)管理层有信心全年核心利润将实现双位数增长,尽管上半年收入仅占该行全年预测的33%,但凭借丰富的可销售资源,相信集团的合约销售有望达成全年目标,又认为租金收入将继续保持强劲。该行将润地目标价上调3.7%至39.62港元,并予“优于大市”评级。
麦格理表示,润地上半年核心利润按年增长11.3%至81亿元人民币,主要受惠于强劲的租金收入,以及合资公司的贡献。公司上半年合约销售额1190亿元人民币,按年增长26%,占全年目标的49%,下半年可销售资源为3207亿元人民币,加上公司有信心能够实现全年销售目标2420亿元人民币。
该行又指,零售物业组合继续有强劲表现,零售额增长37%,同店销售亦增长18%,相信稳定的合同销售及零售物业的表现将成为公司的催化剂。
另外,该行又提到,在大型股份中,更为喜欢华润置地、中国海外发展(0688.HK),多于万科(2202.HK)。
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.