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《大行報告》花旗降中鐵建(01186.HK)目標價至7元 評級「買入」
花旗發表研究報告表示,由於內地專項債券配額加快,預計下半年市場將啓動更多基礎設施項目,同時計及競爭加劇,因此將中鐵建(01186.HK)2021至2023年盈利預測下調1%至上調3%。 該行預期,受惠於合約大量積壓,中鐵建未來幾年收入將保持增長,但由於制裁名單降低美國投資者的興趣,將目標價由8.5元下調至7元。考慮到中鐵建現價水平對應今年預測市盈率爲約2至3倍,股息率達6%,估值屬吸引,花旗較看好中鐵建H股多於A股,給予其H股「買入」評級。在基建板塊中,首選中國建築(03311.HK),並對中交建(01800.HK)給予「中性」評級。
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