《大行报告》大摩下调港铁(00066.HK)评级至「减持」指沙中线拨备令人意外
摩根士丹利发表报告表示,下调对港铁(00066.HK)投资评级,由原来「与大市同步」降至「减持」,维持目标价47元,此相当每股资产净值折让15%。
该行指,港铁因沙中线项目等於今年上半年进行拨备共24.3亿元,并就此发盈警令人意外,基於港铁今年以来股价走强,相信消息会触发获利沽压,并指公司目前估值相比同业不算吸引。
大摩指,港铁今年以来股价已累升35%,跑赢恒指同期累计10%升幅。该行亦指,基於沙中线项目与港府未来如何达成善後协议存不明朗,料至2020年上半年仍会面临相关风险,潜在影响港铁盈利能力。
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