Should You Buy CLP HOLDINGS (00002) Today? Analysis, Price Targets, and 2026 Outlook.
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Growth
Profitability
Efficiency
Wall Street analysts forecast 00002 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00002 is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0
Wall Street analysts forecast 00002 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00002 is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
0
Current: 74.950
Low
0
Averages
0
High
0
0
Current: 74.950
Low
0
Averages
0
High
0
HSBC
HSBC Global Investment Research
Hold
to
Buy
upgrade
$78 -> $80
AI Analysis
2025-12-08
Reason
HSBC
HSBC Global Investment Research
Price Target
$78 -> $80
AI Analysis
2025-12-08
upgrade
Hold
to
Buy
Reason
The analyst rating from the article is influenced by several key factors:
1. Market Performance: Hong Kong utilities have outperformed the broader market index, with returns of 6-8% compared to a 3% drop in the HSI, indicating strong defensiveness against market volatility.
2. Stable Cash Flows: Existing businesses in the sector are delivering stable cash flows, which is a positive fundamental indicator.
3. Potential Catalysts: There are company-specific catalysts that could enhance performance, such as CKI Holdings' M&A activities and CLP Holdings' asset restructuring.
4. Free Cash Flow (FCF): CKI is favored for its potential for better shareholder returns driven by solid FCF and the potential for value-accretive M&As. CLP is also preferred for its ample FCF, which supports shareholder returns.
5. Defensiveness: HKElectric is noted for its strong defensiveness due to its focus on the Hong Kong electricity market, although its tight FCF limits the likelihood of a near-term dividend hike.
6. Caution on Certain Stocks: The broker maintained a Hold rating for POWER ASSETS and HKCG due to their FCF crunch, which may restrict shareholder return growth.
Overall, the ratings reflect a preference for companies with strong cash flows and potential for growth, while being cautious about those facing financial constraints.
Citi
Buy
maintain
$76
2025-11-19
Reason
Citi
Price Target
$76
2025-11-19
maintain
Buy
Reason
The analyst rating from Citi is based on the recent announcement of tariff cuts by CLP Power and HKELECTRIC-SS, which are attributed to decreased fuel surcharges due to lower coal and liquefied natural gas prices. Citi views these tariff cuts as neutral events since the fuel costs are fully passed on to customers and do not impact profitability. Consequently, they maintained a Buy rating on CLP HOLDINGS with a target price of HKD76, while assigning a Neutral rating to HKELECTRIC-SS with a target price of HKD6.6.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for 00002
