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野村：维持中海物业“中性”评级 目标价降至4.95港元

Nomura: Maintaining CNOOC Properties' “Neutral” Rating and Lowering Target Price to HK$4.95

新浪港股 ·  Mar 27 02:03

Nomura released a research report stating that while maintaining the “neutral” rating of CNOOC Properties (02669), the target price was lowered from HK$7.1 to HK$4.95. The company's profit growth and dividend performance last year fell short of expectations. Although profit increased 23% year over year to RMB 1.34 billion, it fell short of the bank's and market expectations of RMB 1.7 billion and RMB 1.53 billion respectively. The bank believed that the Group's performance ranged from excellent to mediocre. Sales in the second half of last year were almost flat, and the dividend payout ratio only remained at over 30% year over year, which surprised the market.

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