花旗：下调华能国际电力股份评级至“沽售” 料今明年净利润下跌

智通财经01-19

花旗发布研报称，将华能国际（600011）电力股份H股(00902)及华能国际A股(600011.SH)评级均由“买入”降至“沽售”，前者目标价由7.2港元降至4.5港元，后者目标价由10元降至6.25元人民币。　　该行预期华能净利润已于2025年见顶，并将于2026至2027年下跌，因电价下调幅度大过预期，以及单位煤炭成本下行空间有限。公司2025年的预期股本回报率为9.8%，是2015年以来...

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