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大摩升合和公路(0737.HK)评级至持平,目标价升至4.03港元

摩根士丹利 ·  Jan 17, 2012 10:48  · Researches

Morgan Stanley raised the rating of Hopewell Highway Infrastructure (0737.HK) from reduced holdings to flat, while the target price was raised from HK$3.93 to HK$4.03; this indicates that the Mainland is expected to reduce road toll revenue from Hopewell Highway by 15%, but it is believed that it has been fully reflected in stock prices, and there is limited room for further decline in stock prices. Hopewell Highway closed yesterday at HK$4.15.

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