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大行評級 | 摩通:升中電評級至增持 目標價上調至67.5港元
格隆匯 06-20 13:27
格隆匯6月20日丨摩通發表報吿,將中電(0002.HK)評級由“中性”升至“增持”,目標價由57港元上調至67.5港元。該行認為,中電澳洲業務的最壞情況可能已經過去,料盈利將從下半年開始反彈,或能支持明年起增加派息。摩通指,中電管理層可能會將注意力從低投資回報率的業務(如澳洲同印度)轉移至香港核心業務。中電去年已出售印度業務10%股份,有美國媒體早前亦指中電可能出售澳洲業務50%股權。摩通估計該業務資產淨值超過300億港元,出售該業務可使中電負債率在今年降低超過12個百分點至約35%。摩通相信該股可以在動盪的市場中表現出色,因為中電在地緣政治、監管和貨幣風險有限。該股現報60.55港元,總市值1530億港元。

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