摩根士丹利发表报告,将永利澳门的目标价由7.1港元上调至7.8港元,评级升至“增持”。公司公布6月及7月的经运气调整日均EBITDA达330万美元,相当于一季约3亿美元。该行将2025年每股股息预测上调至0.37港元(中期派息0.185港元),较市场预期高50%,意味股息率达6%,将会是行内最高。基于近期公司股价回落,令短期估值更具吸引力,该行料公司股价将于未来60日内跑赢大市。 该行又指,在行业上升周期中,更看好高杠杆企业,而永利澳门净负债与EBITDA比率达4至5倍,其股价上升空间应较同业更大。另外,永利澳门是其覆盖范围内首间发行2034年到期债券的企业,反映对业务持续的信心增强。
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