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摩根大通首予第一太平(00142-HK)增持评级，目标价10.8港元

J.P. Morgan gave first place to Taiping (00142-HK) to increase its holdings rating, with a target price of HK$10.8

摩根大通 ·  Nov 25, 2011 16:38  · Researches

J.P. Morgan published a report that gave Savills the first to increase its holdings rating. The target price was set at HK$10.80.

J.P. Morgan believes that in the current uncertain external environment, the stock will continue to outperform because Savills's asset portfolio can fully benefit from strong demand in the ASEAN market.

The bank added that improvements in Savills parent company fundamentals will drive up returns, and that trading liquidity, increased market capitalization, and inclusion in the Morgan Stanley Capital International Index will help the company attract more investors' interest.

Savills fell 0.3% yesterday to close at HK$8.49.

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