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《大行報告》花旗上調電能(00006.HK)目標價至55.5元 評級「買入」
花旗發表報告指,電能實業(00006.HK)上半年純利按年增長11%至25.09億元,較該行預期高6.8%,主要由於上半年外幣匯率升值,其中英鎊按年上升10%,澳元按年更升17%。另外,期內有5.51億元的一次性非現金遞延稅項相關費用,而有關正面效應足以抵銷受監管公用資產回報重設的影響。 該行表示,電能上半年派息按年增長1.3%至0.78元,爲過去四年來首次提升派息。該行假設集團未來派息可持續,認爲雖然其今年至2023年的持續盈利料因回報重設而下跌,但有強勁的財務支持(6月底淨負債對股本比率低至0.3%)。 花旗上調電能股份目標價,由51.5元升至55.5元,評級維持「買入」,認爲集團今年股息收益率吸引,達5.6%。
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