《大行》匯豐研究升中廣核電力(01816.HK)目標價至3.2元 評級「持有」
匯豐研究發表示研究報告指,中廣核電力(01816.HK)上半年經常性利潤按年跌19%至56.09億元人民幣,意味著次季盈利按年跌23%,低於預期。展望未來,該行表示,由於月度購電協議(PPA)已接近監管底線且持續趨穩,廣東市場電價下行風險有限。然而,考慮到核電產能擴張的資本支出承諾以及新專案的較長交付週期,盈利和股息上行空間似乎相當有限。
考慮中績後,該行將集團今年盈測下調2%,惟將2026年至2027年盈利預測上調3%至9%,反映以反映惠州一期和二期項目的貢獻。該行將其目標價由3元上調至3.2元,維持其評級為「持有」。
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