《大行報告》里昂升九龍倉置業(01997.HK)評級至「跑輸大市」 目標價上調至43.2元
里昂發表報告指,九龍倉置業(01997.HK)去年盈利按年下跌24%,派息亦按年減少28%,但此並不令人驚訝,因集團的核心投資物業及酒店業務受到疫情嚴重打擊。不過,由於本地零售需求復甦,及開始接種疫苗令邊境有望重開,相信對集團今年業務是有一線希望。
該行收窄對九倉置業收益率差距要求1個百分點至2.5%,對比美國十年期國債收益率為1.07%,因集團在跨境旅客的業務比重大。里昂又調升九倉置業股份目標價,由33.9元升至43.2元,評級由「沽售」上調至「跑輸大市」,以反映該股上升空間有限,及大部分正面因素已反映。
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