Merrill Lynch new reiterate buy rating target price of 140 yuan ca1477

Merrill Lynch: new reiterate buy rating target price of 140 yuan a thousand thousand shares hot column capital flows on stock diagnosis the latest rating simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference Hong Kong stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Merrill Lynch report pointed out that, based on the new (00016.HK) price discount to net asset value of 35%, compared with the historical average of 0.5 standard deviations, target price from 120 yuan to 140 yuan, reiterate "buy" rating. The new residential land has the largest reserves in Hong Kong, the property market in the recent "V" shaped rebound situation, believe the group is the largest beneficiary. The bank said the group currently offers 3.2% dividend yield, higher than the average since 2004, the value of $2.8%. However, as investors continue to look for high dividends, but also with the growth of the company, the expected dividend yield will be further compressed, the target price, the dividend yield of 3% in 2017. The line refers to the number of real estate stocks, new profit growth capacity predicted a higher degree, but also have the ability to raise dividends, because 2017-2020 group still has a lot of projects can be launched, in addition, the hybrid’s project is located in Shanghai Xujiahui available for rental, is 1.5 times the size of real estate portfolio ring group, long-term growth the material can keep the group until 2020. The bank estimates that the group maintains 40% to 50% dividend payout ratio, the future average annual increase of 7%. (both) to enter the Sina financial stocks] discussion相关的主题文章: