《大行報告》中金下調華潤萬象生活(01209.HK)目標價至56.5元 評級「跑贏行業」
中金發表報告指,華潤萬象生活(01209.HK)管理層參加了該行早前舉行的投資策略日,分享了集團的經營更新。
中金表示,集團的商場業務見底並於5月反彈,該月商場零售銷售錄得1%按年增長,對比4月為下跌17%;而同店銷售亦由4月的按年下跌25%,收窄至5月的下跌11%,顯示業務有強勁復甦。
不過,該行認為集團在實施租金回扣方面有不明朗性,不過相信對整體盈利的影響有限,而住宅物業管理業者亦料可為今年盈利提供強大支持。
中金下調華潤萬象生活股份目標價10%至56.5元,評級維持「跑贏行業」,並下調集團今明兩年核心盈利預測各4%,分別至21.2億元及27.6億元人民幣,反映今年上半年受疫情影響,於部分省份及城市實行租金扣減。
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