Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Daiwa Lowers POWER ASSETS TP to $55 w/ Outperform Reiterated, Envisions Higher Risk-Reward
Recommend 14 Positive 28 Negative 21 |
||||
|
||||
|
POWER ASSETS (0006.HK) presented a higher risk-reward profile amidst market concerns, Daiwa opined in its research report. The company's dividend yield also reached 5.8%, the highest among Hong Kong utility stocks, and the upcoming regulatory reset could be beneficial for its business. Daiwa reiterated an Outperform rating on POWER ASSETS but cut its target price from $60 to $55. In addition, the report mentioned that POWER ASSETS' 2024 net profit was $6.119 billion, up 2% YoY, in line with market expectations. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
