You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
花旗:維持龍源(0916.HK)“買入”評級 目標價降至4.9港元
格隆匯 10-29 16:46
花旗發表報告指,龍源電力(0916.HK) 今年第三季純利表現遜預期,按年下跌55%至4.24億元人民幣,主因風速較低使發電量按年減少5%。該行認為,集團業績遜預期或已大致反映在股價上,因其目前估值相當於明年市盈率7.6倍及市賬率0.6倍,均接近歷史低谷水平。
基於估值因素,該行維持對龍源的“ 買入 ”評級,但目標價由5港元降至4.9港元,今年至2021年的盈利預測亦下調最多3%。花旗提到,若風速正常化,龍源未來的催化劑或為明年的風電場利用率上升,根據該行的基礎情境,風電場利用率每額外提升1%,集團今年的盈利可上升2.3%。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account