《大行報告》大摩一舉升九倉(00004.HK)評級至「增持」 目標價上調至23元
摩根士丹利發表報告指,一舉將九倉(00004.HK)評級由「減持」上調至「增持」。雖然集團去年每股盈利跌18%屬負面,但該行預計,內地投資物業項目和合同銷售將強勁復甦,指該股現估值相當於預測明年市賬率0.3倍及預測明年市盈率9倍,估值具吸引力;公司去年業績疲弱或已呈見底信號。
該行表示,下調集團2023年的每股盈測7%,但將2024年的盈測上調11%,以反映最新的銷售入賬計劃,並將目標價由20.5元上調至23元。
該行另發表技術研究報告,料九倉未來60日有望跑贏大市,發生此概率料逾80%。大摩認為,會德豐或會增持九倉,因九倉現價較會德豐2021/22年購買九倉13%權益的每股平均成本25.6元折讓達32%,認為會德豐或會趁機行動。
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