《大行報告》野村上調世茂服務(00873.HK)目標價至30元 評級「買入」
野村發表研究報告指,世茂服務(00873.HK)增長迅速且進取,收入目標增長五倍,在管面積目標至2023年超過5.5億平方米,指出世茂服務去年起大力拓展第三方項目,將其列為行業首選,評級「買入」。
報告指,上半年公司併購步伐較市場預期中慢,但考慮到公司與母企收購往績良好,加上收購對盈利初期貢獻有限,估計即使下半年不作任何收購,僅對全年盈利影響將5%。
野村認為,雖然世茂服務的股價近月已升逾21%,但由於盈利表現一直勝預期,仍看到有估值重估的機會,短期催化劑包括上半年盈利預喜、下半年潛在收購交易及城市服務業務的拓展等,將全年盈利預測上調3%,目標價由20元上調至30元 。
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