大和:維持港鐵(0066.HK)買入評級 目標價49.2港元
大和發表研究報告表示,港鐵(0066.HK)上半年業績表現符合該行預期,期內基本盈利按年升64%,主要受到物業發展利潤上升571%所支持,抵銷了疫情對交運及其他業務的影響,其業績表現顯示港鐵持續處於領先地位,為以香港為基礎,但屬國際級的現代化企業,該行相信港鐵的生意模式讓它處於極度有利的位置,並在未來數年提供緩衝,維持其目標價49.2港元,重申買入投資評級。
該行指出,預期港鐵地產項目“ocean marini”及“sea to sky”將可確保2021-2024年度的物業銷售利潤,認為未來港鐵的股價會反映公司更像跨國企業,而非單是本地企業。
該行又指,港鐵上半年雖然錄虧損,但未有以此作藉口削減派息,並維持與去年同期的派息水平,該行認為有助減少投資者的憂慮及支持其股本價值,而港鐵是少數企業自2006年以來採取漸進派息的政策。

Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.