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《大行報告》高盛恢復新世界(00017.HK)「沽售」評級 升信置(00083.HK)至「中性」
高盛發表報告指出,新世界發展(00017.HK)今年至今已累跌45%,跑輸恆指及同業各29個及23個百分點。該行恢復予新世界「沽售」評級,目標價13.1元,認為其負債比率高達74%,相對於同業為約15%,公司出售新創建(00659.HK)導致股本回報率下降,經常性收益佔比收縮,且其派息前景或影響公司相對於同業的股價表現。 此外,該行認為與新世界相比,信置(00083.HK)的每股賬面價值變化和股息率紀錄相近,但在目前高息環境下,信置的淨現金及低負債率相對較好,對未來發展較為有利。該行將信置投資評級上調至「中性」,目標價9.9元。
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