Hutchison Port kept at 'neutral' by Credit Suisse with US74 cents target price

Stock Name: HPH Trust USD
Company Name: HUTCHISON PORT HOLDINGS TRUST

Research House: Credit Suisse

Price Call: HOLD

Target Price: 0.74

SINGAPORE (Feb 17): Credit Suisse AG has lifted its target price on Hutchison Port Holdings Trust (HPHT) to US$0.74 from US$0.71 to take account of increased estimates and a 5.2% target 2015 yield.

However, Credit Suisse said that with HPHT realigning its pay-out targets, there will be continued room for yield pressure.