Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Power Assets Holdings (HGKGF – Research Report) and Huaneng Power International (HUNGF – Research Report).
Power Assets Holdings (HGKGF)
In a report released yesterday, Ian Chui from DBS maintained a Buy rating on Power Assets Holdings, with a price target of HK$51.00. The company’s shares closed last Tuesday at $5.75, close to its 52-week high of $5.95.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Power Assets Holdings with a $6.46 average price target.
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Huaneng Power International (HUNGF)
In a report released yesterday, Patricia Yeung from DBS maintained a Hold rating on Huaneng Power International, with a price target of HK$4.70. The company’s shares closed last Tuesday at $0.51.
According to TipRanks.com, Yeung is ranked #6960 out of 8716 analysts.
Huaneng Power International has an analyst consensus of Moderate Buy, with a price target consensus of $0.78.
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