Bank of America Securities: SHK PPT's Surprise Dividend Hike Signals Confidence, Target Price Raised to HK$145

Stock News
10小时前

Bank of America Securities released a research report stating that investors are expected to welcome SHK PPT's unexpected 3% increase in its interim dividend. Considering the company's maintained dividend payout ratio target of 40% to 50%, this move demonstrates management's confidence in an earnings recovery. Bank of America Securities raised its target price for SHK PPT from HK$134 to HK$145, an 8% increase, but reiterated a "Neutral" rating. The bank believes the stock's 44% year-to-date rise has largely reflected its stronger outlook. Based on higher projected margins for development properties, the institution raised its core profit forecast for SHK PPT for fiscal years 2027 to 2028 by 3% to 9%. It now anticipates a steady earnings recovery, reaching HK$260 billion by fiscal year 2028, equivalent to 85% to 90% of the levels seen in fiscal years 2021 to 2022.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10