TC

22/08/2019 17:44

{I-bank focus}Goldman raises Tian Lun Gas (01600) to HK$12.2

[ET Net News Agency, 22 August 2019] Goldman Sachs raised its target price for China
Tian Lun Gas (01600) by 6% to HK$12.2 and maintained its "buy" rating.
The research house said Tian Lun reported a strong 1H result, which was mainly driven by
strong gas sales and better urban area connections, supported by both organic growth and
projects acquisition.
Goldman expects Tian Lun's gas volume growth to continue to outpace most listed peers
(3-year CAGR 16%) and the national average (10%), as Tian Lun is focusing on developing
lower-tier cities where gas penetration rate is relatively low.
Goldman raised its EPS forecasts by 5%/3%/3% to incorporate the latest results. (KL)

etnet財經‧生活App   財智‧健康‧品味生活     【立即下載】  iOS版 / Android版
人氣文章
財經新聞
評論
專題
產品簡介

【etnet Bonus賞你】好好社企 中秋精選月餅禮盒

【etnet Bonus賞你】領展TKO Gateway便攜式香薰機

【etnet Bonus賞你】荃灣千色匯及元朗千色匯 x 韓國紙雕插畫藝術家Soo Min Kim 消暑手搖沙冰杯+簡約家用收納箱