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大行評級|美銀:上調領展房產基金評級至“買入” 目標價則降至39港元
格隆匯 11-25 12:36
美銀證券發表研究報吿指,將領展房產基金的評級從“中性”上調至“買入”,是因為認為公司估值已經充分反映了高息仍會維持一段時間的利率環境。該行指,儘管香港的零售基本面可能保持平淡,但香港零售銷售額流失似乎正在穩定,加上領展租户組合的性質較多屬必需品,應使其在相對基準上表現更佳。該行將目標價由原先42港元降至39港元。考慮上半財年業績略勝預期2%,該行上調其2025財年至2027財年的每單位分派預測1%至2%。與管理層的展望一樣,該行料香港續租租金會在下半年略轉負,以及在2026財年維持疲軟。
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