Wharf REIC Could Post Stable Earnings This Year -- Market Talk

Dow Jones
Mar 13

0748 GMT - Wharf Real Estate Investment is likely to post stable earnings this year, say UOB Kay Hian analysts in a note. This is likely to be driven by a resilient performance at one of its Hong Kong flagship assets and a lower Hong Kong benchmark interest rate. The analysts raise their 2026-2028 earnings forecasts for the Hong Kong property company by 1.7%-2.3% on potentially lower-than-expected net debt level and finance costs. They also raise their 2026-2028 dividend per share projections by 2.2%-2.8%. UOB Kay Hian raises its target price to HK$28.80 from HK$28.00, but downgrades its rating to hold from buy as it sees limited upside potential for the stock. Shares fall 1.3% to HK$24.74. (megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

March 13, 2026 03:48 ET (07:48 GMT)

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