Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00001 CKH HOLDINGS
RTNominal up37.800 +0.800 (+2.162%)
Research Report

04/08/2017 15:19

[I-bank focus]UBS lifts CK Hutchison (00001) to HK$123

[ET Net News Agency, 4 August 2017] UBS Global Research lifted its target price for CK
Hutchison Holdings (CKH)(00001) to HK$123 from HK$116, and maintained its "buy" rating.
The research house believes CKH's 1H marked the end of the weak earnings momentum seen
over the last 2.5 years. It expects earnings growth to accelerate to low-double-digit
rates in 2H 2017 and 2018, which should drive a re-rating for CKH.
UBS also believes this sets expectations for a higher payout ratio for FY2017, as
earnings growth accelerates in 2H. It thinks the stock remains attractively priced at 10x
2018 versus the 5-year average of 12x. (KL)

Back to Research Report

Remark: Real time quote last updated: 24/04/2024 17:38
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.