Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down75.550 -0.650 (-0.853%)
Research Report

10/11/2020 17:53

{I-bank focus}Goldman raises Link REIT (00823) to HK$80

[ET Net News Agency, 10 November 2020] Goldman Sachs raised its target price for Link
REIT (00823) by 1% to HK$80 and maintained its "buy" rating.
The research house thinks the summer period had been a challenging one for most retail
landlords including Link, but Goldman believes the sequential developments into October
look directionally positive to operations going forward.
While the incremental city re-opening could obe a positive catalyst, a quick rebound in
tourist retail may not be imminent. For the HK retail property segment, Goldman's analysis
shows that a "new normal" of tenant sales could be 31%/11% lower for prime/local malls.
Goldman revised up its FY2021/22/23 EPS forecasts by up to 2% on this set of results. It
modeled a 7% DPU decline in March-FY2021 (versus 8% decline previously). (KL)

Remark: Real time quote last updated: 17/06/2021 17:59
  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
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.