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《大行报告》汇丰研究上调港灯(02638.HK)目标价至8.4元 维持「持有」评级
阿思达克 03-17 09:54
汇丰环球研究发表报告指,港灯(02638.HK)去年全年业绩符预期,主要由於管制计划协议可保障其在资产增值的情况下提升盈利。该行预期港灯净固定资产至2023年复合增长率5%,派息将可回复至2018年水平。另外港灯於低息环境下进行再融资,亦令融资成本下降,并确保未来资本开支得到融资支持。去年港灯发行10亿美元十年期债券以为其7.5亿美元债券推行再融资,票息仅2.25厘,大幅低於早前债券的4.25厘至4.85厘水平。维持「持有」评级,目标价自8.2元上调至8.4元。

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