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高盛:新地(0016.HK)中期基础溢利逊预期 维持目标价137港元
格隆汇 02-28 17:03

高盛发表研究报告指,新地(0016.HK)昨日公布中期业绩,可拨归公司股东基础溢利按年跌2.3%至134.2亿港元,表现较高盛估计差6%,主要因为表现较好的香港发展业务盈利和符合预期的租金收入,被中国逊于预期的发展业务表现所抵消,维持目标价137港元,评级为“买入”。

报告指,对是次新地派中期息维持于每股1.25港元感到失望,该行本来估计,中期息会增加4%。高盛提到现时新地股价较明年资产净值预测折让47%,相当发展物价土储零价值,相信该公司审慎的土储政策可使其利润率得以保持。在新地公司业绩后,高盛已将前者2020年度的每股盈利预测轻微调低4%,以反映中港两地较低的销售额,但目标价维持不变。

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