《大行報告》富瑞下調中電信(00728.HK)目標價至4.26元 評級「買入」
富瑞發表報告,指中電信(00728.HK)第二季業績大致符預期,收入和EBITDA略低於市場預期,不過經調整淨利潤則略好過預期。該行將中電信目標價由4.38元下調至4.26元,評級「買入」。
富瑞表示,三隻中資電訊股估值差距已經縮小,但仍最偏好中電信,三隻中資電訊股估值均吸引,市盈率和股息收益率愈來愈接近。富瑞相信中電信會利用其所持580億元人民幣的淨現金,及縮小H股相對A股股價折讓帶來的潛在好處,而推出股份回購計劃,減少大幅提高派息的壓力。
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