Some stock commentators noted that Swire Pacific's shares still command reasonable upside, partly due to the HKD4 billion share buyback programme announced last week.

Analyst reports from Goldman Sachs and Citibank have recently upgraded ratings of the stock to "buy", citing strong fundamentals in its property arm Swire Properties' rental portfolio, attractive valuation and positive rental reversion. Meanwhile, another column noted that Swire Pacific has maintained a stable to slightly higher payout ratio despite challenging operating conditions, citing that Swire Properties has a satisfactory amount of rental income, as it owns many quality office towers.