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"Daxing report" HSBC studies the first Jinmao Service (00816.HK) "Buy" rating target price of 9.7 yuan
阿思達克 04-13 11:52
According to a rating report issued by HSBC, 00816.HK is a service provider providing high-end property management, and the total floor area managed by the company is expected to come mainly from the parent company of state-owned enterprises and third-party projects. The bank also expects the company's compound annual growth rate of property management income to accelerate to 79% in 2021-24. Based on a forecast of 0.676 yuan per share in 2022-23 and a price-to-earnings ratio of 15 times, the bank set its target price at 9.7 yuan, representing 62 per cent upside from the closing price on April 11, and gave it a "buy" investment rating for the first time, the bank said. (ca/u) ~
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