《大行报告》里昂下调雅生活(03319.HK)目标价至12.5元 评级「跑赢大市」
里昂发表研究报告指出,雅生活(03319.HK)管理层透露,目标三年的非周期性业务收入及纯利复合年均增长率分别超过25%及20%。但在发展商的困难和不确定性情况下,并无对增值服务业务定下进一步的目标。
该行指出,疫情对雅生活的影响可控,只拖累其今年纯利约1至2个百分点。鉴于公司估值不高,予以「跑赢大市」评级,目标价由14.3元降至12.5元,以反映较审慎的业务指引。
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