Merrill Lynch to zhongtiejian buy rating target price of 11.7

Merrill Lynch to zhongtiejian buy rating target price of 11.7 yuan a thousand thousand shares hot column capital flows on stock diagnosis the latest rating simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference Hong Kong stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Merrill Lynch report said, China Railway Construction (01186.HK) the first three quarters of net profit rose 12.4% (third quarter net profit rose 18.6%), because the company last year in A stock market and the mainland interest rates lead to financial cost reduction. Refers to the first three quarters of revenue is higher than the bank’s forecast of 3%, earnings per share rose by an annual rate of 5%, the main reason for the company’s financial asset returns higher than expected. But the bank believes that China railway construction will be more energy into the BOT project, or improve the company from 2017 to 2018 cash outflow and net debt ratio, thus lowered its target price, from 12.3 yuan to 11.7 yuan, reiterated a buy rating. Bank of America Merrill Lynch refers to, due to the subway and other urban rail project driven, China Railway Construction in the third quarter of the new contract amount has increased to an annual rate of increase of up to 27% (the first quarter of 18%). As a result, the bank’s new contract in 2016 rose by an annual forecast of 11% (originally forecast to be $1%). The bank also maintained the company from 2016 to 2018 earnings forecast unchanged. The bank believes that the current construction of a net debt ratio is low, and involved in overseas highway projects to help enhance profitability. (both) to enter the Sina financial stocks] discussion相关的主题文章: