Real Estate Jun 15, 2021 11:49 AM (GMT+8) · EqualOcean
Daiwa issued a research report, reiterating the "buy" rating of country garden services, raising its target price from HK $88 to HK $92, and raising its 2021-23 revenue forecast by 3% to 5%. The bank expects that the company's revenue growth guideline this year will be 50% higher than that of the same period last year, and the target is to obtain about 90 million square meters of new management area. Daiwa said that the company's year to date performance in obtaining third-party projects is better than expected, and it is expected to have the opportunity to improve the annual growth guidelines.