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《大行報告》花旗微升港燈-SS(02638.HK)目標價至4.6元 偏好長建(01038.HK)及電能(00006.HK)
花旗發表報告指,港燈-SS(02638.HK)去年盈利按年上升0.7%至29.54億元,符合市場預期,利潤溫和增長主要由於資產基礎擴大、保證回報及財務槓桿。 該行微升港燈股份目標價,由4.5元升至4.6元,評級維持「沽售」,認為其去年股息收益率約6.3%,在美國利率上升的環境下似乎並不吸引,同時將集團今明兩年盈利預測下調11.5%至11.8%,反映利息開支增加。 在香港公用股中,該行偏好長建(01038.HK)及電能(00006.HK),預計兩企或於今年進行有益於每股盈利增長的併購。
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