HONG KONG (AFX-ASIA) – UBS Warburg said it maintains its ‘buy’ rating on CLP Holdings Ltd (2.HK) based on an expected turnaround of its non-scheme of control (SOC) business, high dividend yield and expectations that it mayoffer a cash bonus down the road. UBS Warburg’s target price for the stock is HK$38, equivalent to its…
COMPANY: CLP ‘buy’ rating maintained; target price HK$38 – UBS Warburg
Posted on November 5, 2002 by EnergyAsia