《大行報告》里昂降太古(00019.HK)評級至「跑輸大市」 目標價下調至65元
里昂發表報告表示,即使太古(00019.HK)末期股息是正面驚喜,但去年下半年經常性利潤26億元,低於該行預期。考慮太古的投資計劃及股票當前對資產淨值(NAV)的折讓,該行料股票回購計劃不會繼續。
併合對太古地產(01972.HK)及國泰(00293.HK)的最新預測,及納入東南亞飲品業務的評估後,該行將太古在2023年至24年經常性利潤預測下調2%至3%,並下調估值基礎,NAV折讓幅度由36%擴至42%,目標價相應由68元下調至65元,以及其評級由「跑贏大市」降至「跑輸大市」。
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