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《大行報告》瑞銀上調越秀地產(00123.HK)目標價至13元 評級「買入」
阿思達克 03-21 10:03
瑞銀發表研究報告指,由於越秀地產(00123.HK)獲得市場份額,維持其「買入」評級,又將2023至24財年的盈利預測提高7至8%,2025財年的盈測提高33%,主要反映去年獲得的新土地擁有更好利潤率。該行預計,集團合同銷售額將在今年增長6%,而2024年和2025財年的合同銷售額增10%,目標價由10.6元上調至13元。 瑞銀認為,集團可以達成其今年的合約銷售目標,即按年增加6%至1,320億元人民幣。集團管理層相信,去年收購的土地擁有較好的利潤,料毛利率為20%及淨利率為10%,並將在2025年及之後的收入中反映。
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