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00066 MTR CORPORATION
RTNominal up27.350 +0.400 (+1.484%)
Others

25/06/2018 11:19

[I-bank focus]Nomura upgrades MTR Corp. (00066) to HK$50

[ET Net News Agency, 25 June 2018] Nomura raised its target price for MTR Corp. (00066)
to HK$50 from HK$46.4, and upgraded its rating to "buy" from "neutral".
The research house said the upcoming 1H 2018 interim results in August should mark the
end of the period of softer recurring earnings, with stronger growth from 2H onwards. It
also factored in a few incremental positive factors (retail rental recovery, stronger
property development, Hangzhou line profit turnaround) which help boost its 2018/19 EPS
estimates by 5%/3% and mid-2019 NAV by 4% to HK$55.5 per share. (KL)

Remark: Real time quote last updated: 17/09/2024 17:59
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