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《大行报告》大摩升领展(00823.HK)及九仓置业(01997.HK)评级均至「增持」 料港明年零售增长10%
阿思达克 12-03 11:26
摩根士丹利发表本港收租股及房托明年展望报告表示,料本港於2019年及2020年本地零售按年各跌11%及25%後,料2021年及2022年可展开两年复苏周期,估计各回升10%及14%,此基於内地旅客可於明年第二季至第三季恢复来港预算,并估计本港写字楼租金於明年上半年将下跌5%,料明年全年则持平,估计本港明年GDP可按年升5%,相信可支持写字楼租金。

该行指,本港收租股及房托首选为九龙仓置业(01997.HK)及领展(00823.HK),决定上调对九龙仓置业评级由「减持」一举升至「增持」,将目标价由28元升至42元,相当明年核心市盈率16倍,可受惠本港奢侈品销售复苏。

大摩指,调高对领展投资评级,由「与大市同步」升至「增持」,将目标价由70元升至78元,料2021财年(截至3月底止年度)每基金分派可续增加,至2022财年每基金分派收益率料可增至7厘。

该行表示,下调对太古地产(01972.HK)投资评级由「增持」降至「与大市同步」,目标价则由23元升至26元,指太古地产今年以来已累升不少,估值较高。

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