《大行》花旗:龍源(00916.HK)中期盈利遜預期 評級降至「中性」轉薦金風(02208.HK)
花旗發表研究報告指,龍源電力(00916.HK)中期盈利遜預期,主要由於行業競爭導致市場化銷售比例上升,電價下降,預料將繼續拖累未來盈利表現,相應將該公司2025至2027年收入預測下調4.7%、3.8%及2.6%,淨利潤預測分別下調13.8%、8.9%及7.6%,淨利潤預測目前較市場預期低14%至18%,目標價由原先7.1元下調至7元,評級從「買入」下調至「中性」。
花旗指,龍源2025年預測市盈率及市賬率分別為9.3倍及0.7倍,股息回報率料3.2%,因此並未將其投資評級一舉降至「沽售」。該行轉薦金風科技(02208.HK),認為金風可受惠於風電機組價格上升,給予金風「買入」評級,目標價9元。
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