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《大行報告》大摩上調中廣核新能源(01811.HK)目標價至1.71元 評級「增持」
阿思達克 04-09 10:06
摩根士丹利發表報告指,中廣核新能源(01811.HK)由2014年上市至去年的收入及純利分別增長23%及101%,去年純利達1.11億美元,優於該行預期12.6%。該行表示,雖然中國今年2月的電力需求下降10.1%,但由於可再生電源強勁,公司的電量按年有9.5%增長。

另外,中廣核新能源於3月2日公布,間接控股股東中國廣核集團正考慮以協議安排方式將公司私有化的建議。該行預料,私有化詳情將在本月內公布,雖然未有作價,但以華能新能源的私有化作參考,其每股作價為3.17元,為2018年市賬率1倍,較公布私有化前的最後收市價溢價46.08%。而中廣核新能源現價相當於今年市賬率0.8倍,其2014年上市價為1.71元。

大摩上調對中廣核新能源股份目標價,由1.2元升至1.71元,評級維持「增持」,並上調集團今明兩年盈利預測分別22.2%及16.2%,以反映基本面強勁。

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