《大行報告》瑞信降港燈(02638.HK)評級至「跑輸大市」 目標價下調至7元
瑞信發表報告指,港燈(02638.HK)去年純利爲29億元,按年增長7%,總分派收入爲28億元,按年持平並符合市場預期。
該行表示,美國十年期債息收益率近期升至約2.1%,意味港燈的收益率溢價收窄至約200個基點,與其過去五年平均高260個基點相比並不吸引。
瑞信將港燈評級由「中性」降至「跑輸大市」,目標價由8元下調至7元,並調低集團今明兩年每股盈利預測約1%,以反映財務成本提高。
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