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《大行报告》花旗上调中电(00002.HK)目标价至86.5元 评级「买入」
阿思达克 02-23 11:23
花旗发表报告,重申对中电控股(00002.HK)股份「买入」评级,以现金流折现率计,目标价由86元微升至86.5元,续为香港公用股首选,并调升集团今明两年纯利预测0.4%至1.2%,以反映财务成本下降。

该行表示,中电的股息收益率与美国国债收益率差距扩阔,令其更为吸引,集团今年的收益率料为4.3%,较美国十年期国债收益率高3.2个百分点,超过历史平均值1.5个百分点。

花旗又称,中电去年盈利按年增长1.5倍至114.56亿元,符合预期,相信集团的盈利质素高,逾三分之二盈利来自香港市场,而其2019年的资产回报率达8.24%,估计可持续到2033年。

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