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汇丰研究升领展(0823.HK)评级“买入”上调目标价至99.6港元
格隆汇 08-05 11:18

汇丰研究发表报告指,领展(00823.HK)股价连跌10个交易日,该行相信市场反应过度,认为该公司仍有良好投资机会。

该行解释看好领展的原因包括,本港必需品零售保持稳定增长及具备防御性;该公司回购计划对股价有「补底」作用;近来美国宣布减息1/4厘,十年期美债收益率下跌,对REITs有利。

报告续称,以领展现时估值而言,下行空间有限,而预料明年股息收益率为3.3%,2019至2022年每股基金单位分派年复合增长率达9%。因此该行上调至“买入”评级,目标价由99.5港元微升至99.6港元。

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