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《大行報告》匯豐研究升恆地(00012.HK)評級至「買入」 目標價上調至36.4元
阿思達克 10-08 10:49
匯豐研究發表報告,將恆基地產(00012.HK)的目標價由31.2元上調至36.4元,評級由「減持」升至「買入」,認爲《施政報告》措施有利集團釋放其農地儲備,以補充土儲,是對股價的主要催化劑之一,而促進舊樓重建將是對股價的另一個積極因素,有助減輕該行之前對集團中期盈利增長的憂慮,相信其盈利復甦之路變得明確。 該行認爲,恆地目前股價較資產淨值折讓61%,接近其5年平均低位,估值吸引。預期當恆地加快補充土地儲備時,該行將啓動對集團的重新評級過程。 此外,該行將恆地的2022至2023財年的核心盈利預測上調3.2至5%,以反映集團項目更高銷售預測。惟該股面對的下行風險包括中港兩地出臺樓市降溫措施,以及支付較低的股息。
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