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00006 POWER ASSETS
RTNominal down46.250 -1.350 (-2.836%)
Others

18/03/2021 16:56

{I-bank focus}Credit Suisse cuts Power Assets to HK$55

[ET Net News Agency, 18 March 2021] Credit Suisse lowered its target price for Power
Assets Holdings (PAH) (00006) to HK$55 from HK$58 and maintained its "outperform" rating.
The research house said PAH's FY2020 cash flows remained resilient (+3%) and total
dividends grew slightly by 0.4%, suggesting an attractive dividend yield of 6.3% (the
highest among HK utilities).
Credit Suisse cut FY2021-22 EPS forecasts by 5-6% on lower regulated returns partly
offset by favorable currency movements. (KL)

Remark: Real time quote last updated: 17/09/2021 17:59
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