大行评级丨花旗：下调北京控股目标价至29港元，维持“中性”评级

格隆汇06-26

花旗发表研报指，北京控股2025年的净利润中，有39%来自燃气相关业务，20%来自固废，17%来自啤酒，13%来自水务，以及11%来自石油。在近期公司更新后，该行将其2026至2027年净利润预测下调3%至4%，以反映啤酒和石油业务贡献增加，但燃气和固废业务贡献减少。在下调利润预测及更新加权平均资本成本(WACC)后，该行将北京控股的分类加总(SOTP)目标价由35港元下调17%至29港元，维持“...

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