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《大行報告》匯豐研究升中海物業(02669.HK)評級至「買入」 下調其他物管股目標價
匯豐研究發表報告指出,憂慮內地物業管理公司被母企利用進行融資,以緩解母企的資金壓力,而物管板塊於本周至今已調整了13%,自11月以來更累跌20%。該行預期物管行業面對更具挑戰的經營環境,令該等公司可能要下調中期增長指引,或引發進一步降級,導致投資者以及該行將對物管公司的關注點,由增長前景轉為融資方面。 該行將中國物管股的2022至2023財年盈利預測平均下調8%及12%,目標價平均削23%,另將世茂服務(00873.HK)、雅生活服務(03319.HK)及融創服務(01516.HK)由「買入」降至「持有」評級。行業中認為碧桂園服務(06098.HK)及中海物業(02669.HK)的執行力穩健,母企支援較為彈性,因此上調中海物業的評級,與碧桂園服務同為「買入」評級。
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