美银证券:维持华能国际电力股份“中性”评级 目标价降至4.8港元

智通财经
31 Oct 2024

智通财经APP获悉,美银证券发布研究报告称,维持华能国际电力股份(00902)“中性”评级,因为产能电价仍然是强劲的盈利缓冲,占整体第三季税前利润的45%,目标价由4.9港元微降至4.8港元。该行认为,相当于预测市账率1倍的估值大致合理,股本回报率(ROE)为10%,收益率接近6%。报告中称,华能国际电力业绩会议上表示减值可能每季都会发生,2025年的电价或面临一些下行压力,但目前置评仍言之过早。...

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