《大行報告》大和降信義能源(03868.HK)評級至「持有」 目標價下調至2.4元
大和發表評級報告指,由於信義能源(03868.HK)大部分債務與浮動利率及HIBOR掛鉤,故受到聯儲局加息步伐影響。即使公司今年致力透過加入人民幣計價債務,以多元化其融資渠道,但該行指公司上半年業績或會持續受到費用上升及人民幣兌港元貶值所拖累。
該行預料,公司今年融資成本仍維持高位,為4.28億元、明年則達5.25億元,2025年將達到5.84元。該行將公司在2023年至25年每股盈測下調10%至19%,並將其目標價由2.65元下調至2.4元,其評級由「跑贏大市」降至「持有」。(ca/u)
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