大摩:維持金界(3918.HK)“增持”評級 目標價14港元
摩根士丹利發表研究報告,指金界(3918.HK)
去年第四季的EBITDA及每股盈利均符合該行及市場預期。公司去年下半年的派息比率達80%,意味收益率6%,令市場感到驚喜。
該行預期今年及之後的派息比率會持續有60%。雖然今年上半年的業務受中國旅客放緩影響,但目前估值具吸引力,預測市盈率11.3倍,料今年的股息收益率為5%,維持公司“
增持
”投資評級,目標價為14港元。
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