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《大行報告》瑞銀下調太古地產(01972.HK)目標價至23.3元 評級「買入」
阿思達克 08-11 10:43
瑞銀發表研究報告指,太古地產(01972.HK)上半年基本溢利按年增近6%至39億元,符合該行預測。管理層重申其股息每年增長中單位數的政策,又強調其1,000億元投資計劃中的40%已經落實,並計劃到2032年將其內地投資物業建築面積增加一倍。太古正積極探索廣州聚龍灣、上海浦東和深圳福田區以零售為主導的投資機會。 期內,公司的淨負債率由2022年上半年的6.5%升至10.2%,是由於收購了成都太古里的剩餘股權,同時,公司將人民幣債務風險敞口提高至16%。該行認為股價反應對業績基本中性。 該行略微下調集團目標價5%,由24.6元降至23.3元,評級為「買入」,又下調2023至24年盈測3至4%,以反映近期人民幣貶值。
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