UBS: Raised Swire Pacific A (00019.HK) target price to 87 Hong Kong dollars, expects a 36% increase in first-half recurring basic profit, rated "neutral".

According to the Zhidao Financial APP, UBS released a research report stating that it maintains a "neutral" rating on Swire Properties (00019.HK). The target price of Swire Properties has been raised by 20% from 72.7 Hong Kong dollars to 87 Hong Kong dollars, reflecting the latest market value of Cathay Pacific and Swire Properties, and reducing the discount to 20% (previously 30%).