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《大行报告》美银证券上调旭辉(00884.HK)目标价至9.3元 评级「买入」
阿思达克 03-26 14:16
美银发表研究报告,将旭辉(00884.HK)继续列为首选股,指出公司去年度核心盈利按年增长16%,符合预期,管理层订立未来三年销售额增长15%的目标,并预期核心盈利增幅可达到双位数。

该行指,旭辉拥有强劲的商业项目产品线,预期2023年租金收入可达到20亿元人民币,去年毛利率按年收窄3.3个百分点至21.7%,管理层预期毛利率已见底,加上净负债及资产负债比已下降至71.3%及72.5%,在手现金短债比率目前为2.7倍,预期资产负债表将持续改善。

美银预测, 2020至2023年核心盈利复合增长率将达13%,认为公司强劲的执行能力可推动业务多元化及盈利增长,重申「买入」评级,目标价由8.9元上调至9.3元 ,已反映今年盈利预测约7倍。

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