大行評級|星展:微降長實集團目標價至43.15港元 估值具吸引力
星展發表研究報告指,長實集團去年剔除物業重估前純利錄117億港元,按年下降17%,低於該行預期;派末期息1.35港元,按年跌16.7%。星展提到,長實持續致力使經常性收入多元化,並提升其經常性收入基礎。去年集團來自海外租賃組合的利潤貢獻佔總租賃業務盈利的21%,高於2023年的12%。另外,由於集團的資產負債比率低至4.3%,因此有條件在香港及海外進行更多具增值潛力的收購,以加強長遠的增長前景及股票估值。該行認爲集團的估值具吸引力,目標價由43.3港元略爲下調至43.15港元,評級爲“買入”。
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.