＜Research＞M Stanley Believes HENDERSON LAND (00012.HK) Will Outperform Mkt in Next 60 Days, Expects Interim Div. to be Maintained

AASTOCKS

2024-07-10 14:24

Morgan Stanley released a research report believing that HENDERSON LAND (00012.HK) will outperform the market in the next 60 days, with an over 80% pr...

　　Morgan Stanley released a research report believing that HENDERSON LAND (00012.HK) +0.100 (+0.478%) Short selling $5.27M; Ratio 38.243% will outperform the market in the next 60 days, with an over 80% probability for the scenario. Therefore, Morgan Stanley rated HENDERSON LAND at Equalweight, with a target price of $26.

　　Morgan Stanley expected HENDERSON LAND's 1H24 results to be solid, with DPS to be remained unchanged and EPS to grow by 60% YoY, mainly benefiting from gains from the sale and resumption of farmland. In addition, the Company also recorded $10 billion of contracted sales in Hong Kong in 1H24.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-10 12:25.)

　　Related NewsJPM Ratings, TPs on Local Property Stocks & REITs (Table)

　　AAStocks Financial News

Disclaimer:The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Latest News

China's assets explosion and the high record global capital influx hit