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《大行报告》瑞信上调华润置地(01109.HK)目标价至49.84元 评级「跑赢大市」
阿思达克 03-31 09:53
瑞信发表报告指,华润置地(01109.HK)去年核心盈利按年增长11.6%至240亿元人民币,大致符合该行及市场预期。全年每股派息1.48元,意味派息比率为37%,股息收益率为3.8%。

该行表示,华润置地今年物业发展毛利率料将下降至25%,并於往後趋向稳定。由於集团的入账资源丰富,相信可抵销毛利率压力,并支持盈利有逾10%的增长。

瑞信上调华润置地目标价,由47.6元升至49.84元,较每股资产净值折让20%,维持「跑赢大市」评级。

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