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高盛:港鐵(0066.HK)短期負面因素已經反映 維持“買入”評級
格隆匯 12-11 15:18

高盛發表報告表示,與港鐵(00066.HK)管理層舉行了投資者會議,一如預期大部分投資者主要關注目前香港社會動盪、沙中線最新情況及租金談判等方面。在過去的1至2周局勢似乎已經趨於穩定,大部分車站已恢復正常服務。

港鐵管理層預計,由今年7月至11月因社會事件而對公司帶來16億元的影響,更希望上述影響是短暫的,但部分業務亦難以在短時間內完全恢復到之前的水平,如車費收入及租金等。不過該行補充,港鐵零售業務主要以本地消費為主,表現持續跑贏整體市道;同時,該公司已鎖定顯着地產利潤(估計達560億元),可以作為鐵路相關業務進一步惡化的緩衝。

高盛補充,港鐵現價已反映過去幾個月本港社會動盪的不利因素,業務增長動力包括2023年有3個新商場開業及未來有7個新鐵路項目開通等,目前風險回報率吸引,維持“買入”評級及目標價54港元不變。

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