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.
美銀美林:下調長和(0001.HK)目標價至78港元 評級“買入”
格隆匯 03-17 15:05

美銀美林發佈報告稱,將長和(0001.HK)目標價降18%,由原來的95港元下調至78港元,重申“買入”評級。

該行稱,儘管長和基本面無法倖免於全球衝擊,但估值已處於歷史低谷,未來也會受益於較低利息支出,鑑於長和強大財務狀況和多元化實力,預計集團會渡過低迷時期。

該行將長和今明兩年每股盈利下調15%及8%,以反映能源由盈轉虧損的趨勢,還預計長和派息至少維持在2019年水平。

該行表示,預計公司能源業務將成為長和盈利阻力,同時也預計2020年零售經營溢利會同比下跌28%,另外港口業務都會受到拖累,而電信及基建業務仍然會維持穩定。

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