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《大行報告》匯豐研究上調部份物管股目標價 首選雅生活服務(03319.HK)及碧桂園服務(06098.HK)
阿思達克 05-21 10:25
匯豐研究發表報告指,內地物管股基本面表現強勁,是眾多行業中盈利能力較強的板塊,認為隨著更多內房發展商分拆物業管理業務上市,以及中小型物管商來港掛牌,可帶動新一輪股價抽升。

報告指出,物管股不似內房股,未有每月銷售數據刺激股價,但板塊股價已由3月低位累升40%,認為主要是受企業股權併購活動頻繁所帶動。該行表示,行內4家大型上市物管商均於去年下半年上市,板塊股價隨後兩個月平均升28%,跑贏恆生指數29%。近日掛牌的建業新生活(09983.HK)表現亦向好,期待世茂(00813.HK)、華潤置地(01109.HK)及合景泰富(01813.HK)即將分拆的物業管理業務。

匯豐研究看好雅生活服務(03319.HK)及碧桂園服務(06098.HK),雖然近期表現強勢,但仍較保利物業(06049.HK)及永升生活服務(01995.HK)等估值較低,將雅生活目標價上調至54.6元,碧桂園服務目標價升至43元,均予「買入」評級。

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