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《大行報告》大摩下調電能(00006.HK)目標價至48元 評級「與大市同步」
阿思達克 03-19 10:15
摩根士丹利發表報告指,電能實業(00006.HK)去年純利為61.32億元,按年下跌14%,較該行預測低11%,並為集團自2018年以來連續三年錄得盈利下降。

該行表示,撇除英國遞延稅項調整產生的一次虧損7.8億元、出售葡萄牙投資「Iberwind」的8億元收益,及1.9億元匯兌虧損,估計電能去年持續盈利為下跌12%。而集團表示經營現金流穩定於55.33億元,按年上升3%。

大摩下調電能股份目標價,由53元降至48元,評級維持「與大市同步」,認為雖然匯兌環境改善,但因受監管資產的回報減少,集團的盈利前景料會受壓。不過,由於其淨現金定位,該行估計電能今年的股息會維持穩定。

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