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《大行報告》富瑞微降九龍倉置業(01997.HK)目標價至53元 下調太古地產(01972.HK)目標價至24元
富瑞發表研究報告,預期利率見頂支持了香港地產前景優於香港或新加坡銀行的觀點,市場疲軟為建倉優質香港地產股,如九龍倉置業(01997.HK)和太古地產(01972.HK)提供更多機會。 該行考慮到2022財年的業績表現,微調了對本港地產商的預測,並反映了九置更高的利息成本和太古地產低於預期的利潤率,並仍然相信豪宅將會復甦。該行重申,九置是其首選,目標價下調2%,由54元微降至53元,又看好太古地產,目標價由25元下調4%至24元,認為最近的回調提供了具吸引力的買入機會。兩間公司均予「買入」評級。 該行表示,基於包括對客流量敏感的中產階級消費在內的多元化租戶組合,以及來自其豪華購物中心的高營業額租金貢獻,太古地產可以在低基數基礎上實現強勁的中國投資物業復甦。
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