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《大行報告》花旗上調新地(00016.HK)目標價至127.9元 評級「買入」
花旗發表研究報告指,投資者一直將新地(00016.HK)視為香港整體情況的代表,因為其在香港資產中的總資產值為70%,而且其業務多元分散在住宅、零售和辦公類別。由於香港是中國重新開放後的主要受惠者,新地管理層對改善香港或中國房地產銷售和零售租金表現的前景感到樂觀。該行預計,集團在2022至25財年的租金複合年增長率將達到5%,又認為集團4.5%的2023財年股息收益率是可持續的,對長線投資者具有吸引力。該行將其目標價由127.8元上調至127.9元,重申「買入」評級。 該行提到,新地上半年實現合約銷售額134億元,重申在豐富的可售資源支持下,全年目標為350億元。2023年集團共計劃推出7個新項目。另外,截至去年12月22日,集團未入賬銷售額總額達357億元,該行估計其香港未入賬銷售額的利潤率高於30%。
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