《大行报告》汇丰研究上调华电(01071.HK)目标价至2.3元 评级「持有」
汇丰研究发表报告,指华电国际(01071.HK)去年盈利逊预期,主因减值所致,但每股派息25分人民币,令人惊喜,意味分派比率达76%创新高,对上年度则为50%;并意味H股现收益率达12%,属同业中最高。公司指引今明两年分派比率不少於50%,每股派息不少於20分人民币,意味以现价计,未来两年H股收益率不少於10%。
该行指,公司目标於2025年前新增27GW可再生能源产能,而火电业务料今年有盈利压力,降今明两年盈测分别2%及4%,维持H股「持有」评级,目标价由2.15元升至2.3元。
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