大行評級|美銀:上調中電控股目標價至68.7港元 維持“中性”評級
美銀證券發表報吿,預計中電控股2024財年核心盈利按年增長15%,主要由於低價對沖合約到期,澳洲能源業務盈利回升所帶動。受惠於規模529億元的2024至2028年發展計劃及潛在的債務成本下降,預期香港業務盈利年複合增長率達4%。報吿指,中電在決定派息時將平衡盈利及財務狀況。該行預期中電2024至2025年度的每股盈利將提升3%。即使盈利回升,由於估值上升空間有限,仍維持中電“中性”評級。該股遠期股息收益率為4.8%,僅較美國10年期國債收益率高1個百分點,較其過往10年期平均收益率溢價低70個基點。目標價由67港元升至68.7港元。
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