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美銀證券:看好具實力的內房股 行業首選潤地(1109.HK)、龍湖(0960.HK)等
格隆匯 02-03 17:40
美銀證券發表報告表示,由於武漢肺炎持續擴散,內房股首季合約銷售或受拖累,因此下調內房股平均盈利預測2%,目標價亦降8%。該行解釋,對內房股盈利輕微調整主因相信剛性需求僅是延後,並沒有因疫情爆發而消除,但投資者對開發商流動性的擔憂可能會在短期內持續。
因此該行看好具實力的內房股,包括有良好的盈利可見性;充足的流動性;以及較少對酒店業的投資,該行行業首選是華潤置地(1109.HK) ,龍湖(0960.HK) 及金茂(0817.HK) ;但將廣州富力(2777.HK) 評級由“ 買入 ”降至“ 跑輸大市 ”,相信其高負債率會令公司在疫情爆發期間更加脆弱。該行補充,經過本次調整後,會帶來更多行業整合機會。

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