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《大行報告》花旗下調電盈(00008.HK)目標價至4.7元 評級「買入」
阿思達克 08-09 10:40
花旗發表研究報告,指電訊盈科(00008.HK)上半年收入和EBITDA按年分別增0.4%及3.5%,上半年虧損收窄至3.15億元,部分由於解決方案與媒體業務之利潤改善。中期息增2%至每股9.36仙。雖然上半年錄虧損,但出售數據中心的14億元收益有助電盈達至該行及市場對其今年盈測。 該行維持予電盈「買入」評級,主因旗下香港電訊(06823.HK)業務穩定,可確保電盈中期每股分派增長;對解決方案增長感樂觀;媒體業務在收入擴大下正邁向盈利;8%股息收益率料帶來下行支持。目標價由5.1元降至4.7元,以反映下調2021至2023年盈測6%至32%,因下降收入及利潤率預期。
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