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大行評級|花旗:上調太古地產目標價至23.8港元 維持“買入”評級
花旗發表研報指,對太古地產持有正面看法,基於其承諾的每年中單位數股息增長。儘管無新回購計劃,太古地產利用循環資本進行資本支出以控制債務,仍具長期增值潛力(股本回報率2.7%,相較3.6%融資成本),並反映其優先執行1,000億港元投資計劃(已部署67%)。花旗基於太古地產5.6%收益率及可見的投資物業管線,維持對該股“買入”評級,目標價從22.2港元上調至23.8港元,保持55%每股資產淨值(NAV)折讓。
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