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研究快報:CFRA維持對Regency Centers Corporation股票的「持有」評級

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-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下:我們將12個月目標價上調2美元至83美元,相當於我們2026年FFO(營運資金)預期值的17.1倍,高於三年平均水平(15.6倍),反映了以超市為主力店的購物中心的強勁表現。我們將2026年FFO預期上調0.06美元至4.86美元,並將2027年FFO預期上調0.05美元至4.99美元。 REG持續維持較高的續租價差,入住率也因季節性因素而居高不下。目前已簽約但尚未入住的項目儲備將帶來4,200萬美元的額外租金成長,為公司發展注入強勁動力。管理層預計未來三年將有10億美元的新項目開工,這將構成一個值得關注的內部成長點。目前在建項目總額超過6億美元,綜合報酬率超過9%。我們認為 REG 的估值合理,而其他以雜貨店為主要業務的公司雖然成長速度相似,但地理覆蓋範圍更廣。

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