《大行報告》匯豐研究:公用股具防守性 首選長建(01038.HK)
匯豐環球研究發表報告,指本港公用股的業績公布將由中電(00002.HK)於今日(24日)展開,預期行業的盈利將會出現收縮,但相信市場已有良好預期,主要原因包括中電及港燈(02638.HK)的准許回報下調、英國和香港的會計處理方式改變,及外匯兌港元匯率等。而股息變化及派息政策料將是行業值得關注的催化劑。
該行表示,本港公用股在目前新型冠狀病毒肺炎爆發期間仍具韌性,行業股份表現跑贏恆指0-3%,相信在疫情期間行業會繼續展現其防守角色。
在香港公用股中,匯豐研究首選為長建(01038.HK),緊接為港燈及中電,三企評級均為「買入」,目標價分別67元、9元及95元。而電能(00006.HK)則維持「持有」評級及目標價57元,至於煤氣(00003.HK)目標價由15元上調至15.5元,評級維持「持有」。
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