《大行报告》大摩首予永升生活服务(01995.HK)「增持」评级 目标价17.38元
摩根士丹利发表研究报告,预期永升生活服务(01995.HK)的盈利将会翻两番,2019至2022年的年复合增长率料为63%,主要是受总楼面面积增长及社区增值服务收入增长所带动。在同业之中,公司是其中一家盈利质素最高的企业。
该行指,公司自2015年起开始通过第三方项目进行扩张。截至2019年底,已管理的建筑面积达6,500万平方米,其中64%是第三方项目。与母公司项目及并购相比,第三方项目扩张将支持公司有更可持续的内部增长,这是物管企业在中期必需具备的能力。
该行首次给予公司「增持」投资评级,并是该行其中一只首选股,目标价17.38元。
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