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大行評級|大摩:九龍倉置業中期整體業績表現略遜預期 目標價為32港元
格隆匯 08-06 15:58
摩根士丹利發表研究報吿指,九龍倉置業中期每股基礎淨盈利按年增長2%至1.03港元,在香港零售銷售及寫字樓租賃市場低迷的情況下屬表現強勁,但中期每股派息按年減少4%至64港仙,較該行預期低6%,期內投資物業EBIT符合預期,認為整體業績表現略遜預期,主要是由於期內酒店業務疲弱及投資收入減少所造成。大摩仍給予“增持”評級,指出集團現價對應預測市賬率為約0.3倍,往績股息回報為約6.7%,憧憬未來將受惠香港零售銷貨值按年跌幅收窄,以及明年實際利率下降,目標價為32港元。
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