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大和:下調北控(0392.HK)目標至36港元 重申“優於大市”評級
格隆匯 03-11 13:52

大和總研發表研究報告指,北京控股(0392.HK)受惠於住宅城市燃氣,而在商用及工業用的比例較低,不易因新冠肺炎收縮天燃氣需求影響。該行又指,其3.8%收益率具吸引力,重申其“優於大市”投資評級,惟目標價由39港元下調至36港元。

大和表示,受疫情影響,市場憂慮中國天燃氣需求收縮,股價由年初起跌約10%,但認為調整過多。該行指,北京控股的公共及工業板塊銷售只佔整體0.4%,對集團影響不大,而其他業務雖然收入受壓但屬可控。

另外,大和預期,北京控股會轉移其垃圾發電項目予北京控股環境(0154.HK)作為重組,釋放集團價值。

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