《大行报告》大和降龙源电力(00916.HK)评级至「跑赢大市」 目标价上调至11.9元
大和发表报告指,龙源电力(00916.HK)目前估值相当於今年市账率1.1倍,高於风电同业的华润电力(00836.HK)的0.5倍,及大唐新能源(01798.HK)的0.8倍。
该行表示,龙源股价自去年底公布将通过发行A股,与国家能源集团的另一家子公司平庄能源作股份及资产合并後,已上升了34%,但该行认为潜在A股发行对龙源H股进一步估值重评至1.5倍市账率的可能性有限。
大和下调龙源电力股份评级,由「买入」降至「跑赢大市」,但目标价由11.5元上调至11.9元,并上调集团今明两年盈利预测4%至6%,以反映对产能增加及利用率的展望正面。
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