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《大行》匯豐研究維持中海物業(02669.HK)「買入」評級 下調收入及盈利預測
匯豐研究發表研究報告指,中海物業(02669.HK)上半年核心盈利按年增長6%,遜預期,但宣派特別股息有助提升股東回報,中期每股股息亦按年增18%。 該行認為,中海物業去年度派息比率為36%,仍低於同業華潤萬象生活(01209.HK)及綠城服務(02869.HK),意味派息比率有提升空間。匯豐研究指,中海物業投資吸引力在於業務基本面穩健及股東回報具上行空間,維持「買入」評級,基於中期業績遜預期,將目標價由6.9元下調至6.6元。 因應在管面積擴張緩慢及增值服務業務面臨壓力,匯豐研究將中海物業2025至2027年收入預測下調5%、7%、10%,核心盈利預測下調6%、11%及15%,每股核心盈利預測下調2%、8%及12%。
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