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Brokers' take
Published Thu, Sep 24, 2015 · 09:50 PM
Hutchison Port Holdings Trust | Buy
Sept 23 close: US$0.565
Target price: US$0.62
DBS Group Research, Sept 23
We upgrade Hutchison Port Holdings Trust (HPHT) to "Buy" with a target price of US$0.62; dividend yield of about 7.5 per cent is attractive at current prices, with 9 per cent upside to our target price. While it has restarted its capital expenditure programme this year to build three new deep-water berths in Yantian, ope…
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