《大行報告》大摩微降太古地產(01972.HK)最牛目標價至27元 評級「與大市同步」
摩根士丹利發表研報指,基於太古地產(01972.HK)去年度業績表現,將今明兩年每股盈利預測由1.34元及2.07元,下調6%及15%至1.27及1.76元,以反映較高的融資成本及已發展項目銷售額入賬的延遲確認,並新增對2026年公司盈利預測爲每股1.52元,目標價維持爲16元不變,對應每股資產淨值折讓率爲60%。
大摩指,由於市場供應充裕,預期今年香港整體寫字樓租金將下跌5%,同時預測公司今明兩年每股派息可每年增長約5%。基於寫字樓租金收入預測下調,大摩將太地最牛目標價則由28元下調至27元,對應每股資產淨值折讓率爲35%,評級「與大市同步」。
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