Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CLSA Adds CKI HOLDINGS (01038.HK) TP to $63, Reiterates Rating at Outperform
Recommend 1 Positive 7 Negative 1 |
||||
|
||||
|
CKI HOLDINGS (01038.HK)'s 1H25 net profit amounted to $4.348 billion, reaching 50%/ 46% of full-year forecasts of Bloomberg/ CLSA each, in line with expectations, CLSA published a research report saying. The broker believed that, in 2H25, the Company will benefit from stronger GBP and AUD, high inflation and a GBP300 million disposal gain from its UK rail segment, which should result in stronger earnings. CKI HOLDINGS' cash flow has high yield visibility, an investment grade credit rating and a resilient operating track record, which should support the Company's continuous dividend growth, CLSA added. Therefore, the broker added its target price for the Company from $62 to $63, with rating reiterated at Outperform. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
