You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
大行評級|花旗:上調華潤萬象生活目標價至33.8港元 派息逐步提升

花旗發表報吿指,考慮到華潤萬象生活的商業優勢及市場份額成長,認為憑藉建立於空間、客户、產品/服務、日益關注會員價值,以及技術升級之間的正面協同商業模式,集團於2021年至2025年的業務發展計劃將可順利實踐。花旗將華潤萬象生活目標價由33港元上調至33.8港元,評級“買入”。

花旗亦預期華潤萬象生活的利潤複合年度成長率(CAGR)為20%。主要因應集團旗下101間商場中有81%名列當地零售額前三名,並預計商場零售額增長約20%,同店銷售增長8%至10%,每年平均新增15至20個商場;集團定位為城市空間營運商,去年第三方新合約按年增64%;以及集團透過優化組織結構及技術採用以獲得成本優勢。

此外,報吿引述管理層稱,料今年旗下商場零售銷售增15%至20%,同店銷售長8%至10%;且在現金充裕、強勁經營現金流等下,公司積極提升股東回報,派息逐步提升,2023年度派息比率上調至55%,意味股息率達4.4%。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account