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高盛升大酒店(0045.HK) 目标价至12.45港元

Goldman Sachs Sheng Hotel (0045.HK) targets HK$12.45

高盛 ·  Mar 15, 2010 17:59  · Researches

Goldman Sachs raised the target price of the Grand Hotel (0045.HK) slightly by 1.2% to HK$12.45, reaffirming its neutral rating. It indicated that the Grand Hotel's fiscal year 09 results were in line with the bank's expectations and raised its earnings forecast per share for 10-12 by 0.2%-0.6% in response to the improvement in its operating performance in the fourth quarter of 2009; however, it believes that the stock's current valuation reflects its concept of business recovery.

Grand Hotel closed at HK$11.34 last Friday.

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