The analyst rating for Power Assets (00006.HK) is maintained at "Buy" with a target price of $70 due to several reasons highlighted in the UBS research report. The company's 2025 recurring net profit rose by 2% year-over-year to $6.2 billion, and it maintained an annual dividend per share (DPS) of $2.82, resulting in a dividend yield of 4.6%. Despite a 35% year-over-year increase in financing costs, the results were largely in line with expectations. UBS anticipates a neutral market reaction to these results, but they believe that a favorable M&A environment and the management's strong acquisition track record support a positive outlook for the company.
