You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》匯豐研究升粵投(00270.HK)評級至「買入」 目標價下調至9.2元
阿思達克 09-21 10:12
匯豐研究發表研究報告指出,粵投(00270.HK)股價表現欠佳,反映市場對其房地產敞口感到憂慮,但該行認為可能被誤讀。公司一半投資物業來自廣州及天津的黃金地段(過往出租率維持在85%-99%),餘下的風險敞口來自房地產開發(旗艦項目深圳粵海城銷售已接近完成)。公司預期投資物業組合增加,儘管受疫情影響,但出租率及入住率目前均具韌性。至於深圳、江門及中山的房地產開發項目預售持續,惟未來盈利貢獻應有所減弱,主要由於關鍵項目大多已完成。 此外,該行指粵投業務正向水務公司轉型,其供水和污水處理能力不斷提升,可作為更優質的增長動力。公司另重申股息每年增長2%至3%的目標指引,該行認為其股息具可持續性,股息率達9%,對其評級由「持有」上調至「買入」,目標價由10.9元下調至9.2元。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account