[ET Net News Agency, 3 January 2020] Citi Research tweaked its target price for SHK
Properties (SHKP)(00016) to HK$166 from HK$167.6 and maintained its "buy" rating.
The research house believes SHKP is best positioned to benefit from its huge residential
landbank in HK of 20.8m sq ft, which has been built over the past several years at a very
low cost.
On the rental front, helped by its very diversified portfolio, Citi expects SHKP to
deliver a 3% CAGR in rental income for the next three years, which should result in a
steady increase in DPS to shareholders. (KL)
|
|
|
|
|
|
|
|
|
|
Super Quote | Detail Quote | Interactive Chart | Transaction | Related News | Related Securities | Company Information | Dividend Records | Short Sell
00016 SHK PPT
Nominal 
70.450 +0.500 (+0.715%) Research Report
03/01/2020 12:36
{I-bank focus}Citi tweaks SHK Properties (00016) to HK$166
| Remark: | Real time quote last updated: 18/04/2024 10:26 |
| Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service |