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《大行報告》匯豐研究上調世茂服務(00873.HK)目標價至19.4元 評級「買入」
阿思達克 03-17 09:48
匯豐研究於報告中提到,世茂服務(00873.HK)去年業務勝預期,核心盈利按年升80%,較預期高出12%,重申「買入」評級,目標價升至19.4元(原本19元)。

該行指出,世茂服務去年在多個業務領域都取得顯著成果,例如大幅拓展第三方項目規模、提升併購項目的盈利能力,以及進入非業主增值服務的業務類別,料強勁業績有助增強投資者信心。

管理層估計2020至2023年收入複合年增長率可達75%,較該行今明兩年收入預測高出24%及30%。惟匯豐研究提醒,項目毛利率則下跌,抵消收入上升的影響,將2021至2022年盈利預測上調4%及2%。

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