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里昂:降北控水务(0371.HK)目标价至5.7港元 评级“买入”
格隆汇 08-30 10:58

里昂发表研究报告指,北控水务(00371.HK)上半年业绩轻微高过该行预期,并摆脱沉重资产导向的增长。於水环境项目中,公司将在建设方面持有较少权益并成为服务供应商。对於水厂项目,公司会先行投资,期後透过发行资产担保证券形式出售。公司认为上述方法可达至盈利增长,同时减少资本开支。

该行将北控水务2019-2020年盈利预测轻微上调0.1及0.6%,目标价由5.8港元降至5.7港元,维持“买入”评级。

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