《大行報告》美銀證券下調ESR(01821.HK)目標價至23.5元 評級「中性」
美銀證券發表評級報告指,ESR(01821.HK)上半年核心稅後及非控股權益後利潤(PATMI)按年增27%至3.89億美元,較該行預期高7%,受惠於FUM強勁的增長、宣傳費用及開發物業重估收益。該行指,2022年是ESR表現強勁的一年,於全球同業亦看到類似的走勢;惟由於利率上升、全球宏觀經濟疲軟等,或抵銷租金增長及開發物業收益上升趨勢,以致明年及2024年存有更多不確定性。該行將其目標價由26元下調至23.5元,重申其評級為「中性」。(ca/k)
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