《大行報告》里昂降希慎(00014.HK)目標價至20.3元 股息率吸引維持「買入」評級
里昂發表評級報告指,希慎(00014.HK)旗下商場升級改造的計劃仍在進行中,預料商鋪明年起陸續重開。商鋪空間受影響、加上本港零售市道復甦滯後,拖累租金錶現。公司至2026年作出56億元重大資本支出承諾,因此利率上升對公司爲逆風,若利率下跌,情況或會逆轉。
該行將公司今年、明年及2025年盈利預測分別下調15.2%、20.4%及24.2%,以反映裝修的影響和零售復甦緩慢。目標價由34.8元下調至20.3元,維持其評級爲「買入」,主要是收益率具有吸引力及擁有穩定的累進股息政策。(ca/cy)
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