中信里昂:維持信和置業(0083.HK)“跑贏大市”評級 目標價11.7港元
中信里昂發佈研究報告,認為信和置業(0083.HK)盈利能見度及確性高,維持“跑贏大市”評級,認為2021財年可能因為50週年慶而派特息,目標價11.7港元。
報告稱,基於近期公共衞生事件無逆轉跡象,有機會令信和旗下酒店及租務業務在2021度仍受累,地產銷售預計短期暫未見回升,但基於擁384億港元淨現金,以及逾240億港元待入賬合約銷售額,毛利率也較高,將為未來年盈利帶來高能見度,中信里昂因應入賬延遲及公共衞生事件將2021財年度及2022財年盈測各削3.3%及8.6%。

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