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《大行報告》星展降ESR(01821.HK)目標價至17.02元 業績符預期
阿思達克 03-25 09:44
星展發表報告指,ESR(01821.HK)2023財年業績符合預期。最近有未經證實的報道稱,主要股東正在權衡股權選擇包括私有化和潛在的重大資產出售,反映ESR的內在價值以及以目前價格提升股東價值的可行性。 由於對投資部門的預測降低和融資成本上升,星展削減ESR在2024至25財年盈測介乎9%至10%。星展指,ESR將今年產生費用的資產管理規模(出售ARA私人基金後)的增長目標定為高單位數,預計隨著美國利率走勢逐漸明朗,資本合作夥伴的興趣將在今年下半年更加明確。目標價由19.63元降至17.02元,評級「買入」。
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