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《大行報告》花旗下調新城發展(01030.HK)目標價至6.3元 評級「買入」
花旗發表報告表示,認為新城發展(01030.HK)在「雙引擎」戰略的業務轉型和去槓桿方面處於領先地位,物業發展由2020年開始縮減規模和更多輕資產商場。去年集團更加入「綠色發展」的行列,減慢土地收購、財務成本下降等。 報告又指,新城現價相當於今年預測市盈率僅3.4倍、每股資產淨值折讓60%及股息收益率達8.2%,屬估值吸引,確認其「買入」評級,目標價則由7.42元降至6.3元,以反映最新每股資產淨值及1月份之供股等因素。
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