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《大行報告》美銀證券上調潤電(00836.HK)目標價至16元 下調大唐新能源(01798.HK)目標價至2.9元
美銀證券發表報告指,內地年初至今已推出多項正面政策,支持再生能源項目的投資資本回報及產能增加。其中,最近發改委文件指會容許終端用戶電價上調20%甚至更多,以分散高峰時段需求至非高峰時段。 該行表示,擁有商業及工業終端用戶市場電力銷售合約的不同發電企業,或會就提高市電銷售價格作談判,而風電及太陽能電場營運商的市電銷售亦料可受於此政策。 美銀上調華潤電力(00836.HK)股份目標價,由12.6元升至16元,評級維持「買入」,並調升集團今明兩年每股盈利預測分別3.1%及3.7%,指其市電銷售組合達75%,高於其他電廠的58%至63%,於需求高峰時段有更佳定位達到更高電價。 至於大唐新能源(01798.HK)早前公布將於上半年入賬6.03億元人民幣的資產減值,有關減值與能源管理業務有關,並非風電或太陽能應收電費補貼。為反映資產減值,該行下調大唐新能源今年每股盈利預測18.7%,股份目標價由3元降至2.9元,評級維持「買入」。
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