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《大行報告》花旗上調嘉里建設(00683.HK)目標價至27.7元 評級「買入」
花旗認為,嘉里建設(00683.HK)管理風格發生重大轉變、聚焦提升股東價值,包括將嘉里物流(00636.HK)的部分權益出售給更具潛力的項目,特別是在上海、以每股2.3元的特別股息分享出售收益、宣布回購不超過總流通股10%意向。該行重申對嘉里的「買入」評級,目標價由27.2元上調至27.7元,並認為其目前超過6%的股息率是可持續的,並得到租金收入增加的支持。 該行指,由於嘉里目前的資產淨值折讓高達76%,認為其持續資產回收和通過股息或回購回報股東的意圖,應該會推動股價的穩定重估。 花旗亦認為,通關可能有利於嘉里建設推出的超豪宅項目的銷售。
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