Fri Dec 06, 2019 08:12
English | 繁體 | 简体
Click here to toggle text size
GS cuts CKI Holdings (01038) price target to $69
05 Jun 2019
(Infocast News) Goldman Sachs has lowered its price target on CK Infrastructure Holdings (01038) from HK$72 to HK$69 but maintained the stock's Buy rating.

The brokerage regards the following as the key risks faced by CK Infrastructure Holdings: (1) foreign-exchange movement (weaker EUR, GBP, AUD); (2) tariff resetting of regulated assets; (3) later-than-expected delivery of service contracts for its UK rail business; (4) sharp increase in US treasury yield; (5) severe macro downturn giving the rising trade tension.

Goldman Sachs expects the company to report a net profit of HK$11.545 billion for 2019, HK$11.197 bilion for 2020 and HK$11.306 billion for 2021.

(WL)
© Copyright Quamnet. All rights reserved. Republish the contents in whole or in part other than the authorized methods below, Quamnet reserves the right to proceed legal action.
Market Update
A founding member of:
China Tonghai IR:
Sitemap  |  About Us  |  Contact Us  |  Disclaimers     English | 繁體 | 简体  
Tonghai Financial:
China Tonghai International Financial Limited  |  China Tonghai Capital  |  China Tonghai Securities
Oceanwide Financial Management   |  Quamnet
 
Information of TonghaiIR (Investor Relations):
[Hong Kong Listed Company Information] [Financial News] [Announcement Alerts] [Free Delayed Stock Quote] [Chart]
[Hong Kong stock information]

TonghaiIR (Investor Relations) Services:
[Listed Companies Information] [Listed Companies Financial Information] [Listed Companies Announcements]
[Listed Companies Circulars] [Listed Companies News] [Press Releases] [Listed Companies Event Calendar]
[Listed Companies Presentations] [Proxy Forms]

China Tonghai IR (Investor Relations):
[Securities Firms] [Fund Houses] [Venture Capitals] [Financial Public Relations Agencies] [Financial Printers]
Investor Relations Dictionary:
[Listed Companies Result Announcement] [Financial Report] [Interim Report] [Annual General Meeting]
[Extraordinary General Meeting] [Board Meeting] [Annual Report] [Contact Listed Companies Investor Relations]
[Company Information Sheet] [Next Day Disclosure Return] [News Release] [IPO] [Prospectus] [Stock Quote] [Trading Volume]