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《大行報告》花旗上調雅生活(03319.HK)目標價至53.8元 評級「買入」
阿思達克 06-01 14:19
花旗發表研究報告指,雅生活(03319.HK)近日宣布,首席財務官兼聯席公司秘書李大龍將升任首席執行官,首席財務官一職則由財務中心總經理鄔潔穎接替,認為是次人事調動有正面影響,可反映公司擁有良好的晉升機制,預期聯席主席黃奉潮卸任首席執行官的職務,可令管理架構更分明。

報告指出,該公司今年首四個月獲取項目涉及約1,300萬平方米,有望達成2019至2022年盈利年複合增長30%的目標,加上公司收購中民物業及新中民物業的交易於3月底完成後,過去三個月的貢獻將帶動上半年盈利增長約25%,預期上半年公司的第三方管理建築面積可較去年同期增加2,000萬平方米,即增長30%,邁向全年第三方管理面積增至4,000萬平米。

花旗表示,雅生活業務架構持續增強,發展前景明朗,為行業首選,以明年預測市盈率約28倍為估值基礎,上調目標價12%,由48.1元升至53.8元,評級「買入」。

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