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大行評級|美銀:重申長江基建集團的“買入”評級 目標價升至59.5港元
格隆匯 08-15 10:33
美銀證券發表研究報吿指,重申長江基建集團的“買入”評級,因此在降息預期及全球不明朗因素增加的情況下,集團的防守性股息率及主要為避風港的受規管資產將會受惠。另外,集團加快併購步伐將增加未來可分派現金流,而長建將於8月19日起在倫敦證券交易所作第二上市,亦會增加交易流通量,加上集團超過90%的溢利來自海外,因此可享有外匯順風。該行預期集團的股本成本重設受規管資產而上升。報吿提到,長建上半年利潤按年升2%,符合美銀證券預期,穩健的投資組合表現部分被財務費用增加所抵銷。期內,公司派息按年升1.4%。該行預計集團將加速併購,以增加可分配現金流。該行分別將集團2024至2026財年的每股盈測上調7%、9%及12%,目標價由49.9港元升至59.5港元。
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