大行评级|美银:维持长实集团“买入”评级,不派发中期特别股息或令市场失望

格隆汇
Aug 14
美银证券发表研报指,长实集团上半年核心溢利同比升5%至66.4亿港元,略低于该行预期3%,主要受香港物业发展利润率疲弱影响。每股中期息增加5%至0.41港元,高于该行预测的持平。期内股东应占溢利为86.83亿港元,同比升38%,受惠于出售英国合营企业录得约97.87亿元收益,但部分被汇贤产业信托减值约60亿港元所抵销。该行认为,长实决定不派发中期特别股息或令市场失望,管理层以宏观不明朗因素为由,但集团拥有约220亿元净现金,资产负债表稳健,有能力应对不确定环境及把握潜在机遇。该行维持对其“买入”评级,目标价54港元,较每股资产净值预测折让46%。

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