星展:給予綠景中國地產(0095.HK)買入評級,目標價2.97港元
格隆匯6月5日丨星展銀行6月4日發報告稱,憑藉20餘年的舊改經驗,參與過深圳10餘個以上的大型舊改項目,綠景中國地產(0095.HK)擁有強大的業務敞口,其中包括人民幣2400億元的大灣區潛在可銷售資源以及深圳市30萬平的投資物業。深度參與舊改項目使得綠景中國地產在過去五年裏的毛利率超50%,明顯高於同行。鑑於該公司即將進行的城市舊改項目(大部分位於深圳的黃金地段),星展銀行認為該公司的利潤率能夠繼續維持高位,但目前資本市場表現尚未體現綠景中國的優勢,公司目前的股價尚未體現其價值。因此,星展銀行給予綠景中國買入評級,目標價為2.97港元,意味着目前公司股價仍有20%左右的上行空間。建議投資者留意深圳平均房價以及白石洲舊改項目的進展,這或將成為公司股價的最有利的催化劑。
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