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一文了解券商於新地(00016.HK)公布業績後最新目標價及觀點
阿思達克 02-28 11:00
新鴻基地產(00016.HK)今早股價隨大市下跌逾2%,該公司昨收市後公布截至去年12月底止中期業績,營業額387.11億元,按年升4.3%;純利154.19億元按年跌24.7%;每股盈利5.32元。派中期息1.25元,與上年同期持平。在撇除投資物業公平值變動的影響後,新地中期基礎溢利為134.22億元,按年跌2.26%;每股基礎盈利4.63元。期內新地物業銷售收益為162.08億元,溢利為68.5億元,按年升2.33%,合約銷售額為216億元。總租金收入為127.13億元,按年升3%,淨租金收入升2%至96.69億元,增長主要來自香港及內地新收租物業。【業績符預期 短期臨挑戰】美銀證券發表報告表示,新地中期基礎溢利為134.2億元,按年下滑2%,較該行原預期輕微低1%,業績大致符合預期,物業發展及租金收入表現較好,抵銷了來自電訊及聯屬業務疲弱的影響。新地管理層有信心中期可達致合約銷售400億元目標,維持對其「買入」投資評級及目標價134元。高盛表示,新地中期基礎溢利為134億元按年下滑2.3%,低於該行原預期6%,來自本港物業發展業務表現較佳、租務收入則符預期,抵銷了來自內地業務入賬較低的影響。但該行指,疫情短期會對新地帶來挑戰,維持對其「買入」投資評級及目標價137元。但海通國際估計,新地未來有機會或未能達到全年合約銷售400億元目標,雖然指出未來10個月應有接近140萬平方呎可銷售資源。-------------------------------本網綜合8間券商列出新地於公布中期業績後最新的投資評級、目標價及觀點:券商│投資評級│目標價(港元)大和│買入│160.8->156.8元瑞信│跑贏大市│153.14->149.4元花旗│買入│166->148元高盛│買入│137元海通國際│買入│191.9->137元美銀證券│買入│134元摩根士丹利│增持│132->128元摩根大通│中性│117.9元券商│觀點大和│對環境挑戰存充足準備,維持「買入」評級瑞信│短期面臨挑戰,但長期優勢未變花旗│料未來租務收入穩定,可直接受惠住宅樓市復甦高盛│中期業績低預期,未來將迎挑戰海通國際│全年合約銷售或未能達標,管理層對吸納土儲趨保守美銀證券│管理層對達中期目標具信心摩根士丹利│中期盈利穩固,削全年股盈及派息預測各13%及6%摩根大通│業績穩定如常,但零售及寫字樓租務疲弱
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