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《大行报告》汇丰研究上调世茂服务(00873.HK)目标价至19.4元 评级「买入」
阿思达克 03-17 09:48
汇丰研究於报告中提到,世茂服务(00873.HK)去年业务胜预期,核心盈利按年升80%,较预期高出12%,重申「买入」评级,目标价升至19.4元(原本19元)。

该行指出,世茂服务去年在多个业务领域都取得显着成果,例如大幅拓展第三方项目规模、提升并购项目的盈利能力,以及进入非业主增值服务的业务类别,料强劲业绩有助增强投资者信心。

管理层估计2020至2023年收入复合年增长率可达75%,较该行今明两年收入预测高出24%及30%。惟汇丰研究提醒,项目毛利率则下跌,抵消收入上升的影响,将2021至2022年盈利预测上调4%及2%。

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