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瑞銀:升雅生活服務(3319.HK)目標價至29.5港元 評級“買入
格隆匯 12-04 10:44

瑞銀髮表報告,看好雅生活服務(03319.HK)之公眾物業管理業務,認為行業進入門檻高,相信其收購中民物業可有助其領導地位,維持其盈利預期,評級“買入”不變,上調對其目標價升9.7%,由26.9港元升至29.5港元,而下一步的催化劑會是公司明年可於2月份納入互聯互通機制中。

該行指,近期參觀過雅生活服務於上海的多個管理物業項目,包括中國2010年上海世界博覽會中國館、上海自然博物館等,認為可以取得這類形的項目,需要與地方政府的關係良好、以及有管理相類似項目的經驗,同時項目維修亦包括在內,故相信未來在行業門檻高,及穩定現金流來源的情況下,可有助公司估值高於其他物業管理。

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