《大行》大摩料润电(00836.HK)受惠煤价下降 吁“增持”目标价升至23.7元

阿斯达克财经
07 May

摩根士丹利研究报告指,根据华润电力(00836.HK) 去年的实际业绩,分别将2025及26年的每股盈利预测上调1.4%至4.9%,并预期煤炭价格会下降,相应将对集团的目标价由22.5元升至23.7元,并予“增持”评级。
大摩认为,煤炭独立发电厂将在未来几年受惠于煤炭价格下降以及容量电价的优惠政策;该行看好华润电力在煤炭和风力发电项目中的利用小时数高于同行,反映其资产质量更佳。尽管集团2025年的电价下降幅度可能高于同行,但该行认为其股息率仍比同行更有保障,对投资者可能更具吸引力。(ss/da)(港股报价延迟最少十五分钟。沽空资料截至 2025-05-06 16:25。)

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