《大行报告》大和升中石化冠德(00934.HK)评级至「买入」目标价下调至3.8元
大和发表报告指,中石化冠德(00934.HK)股价本年至今累跌约6%,相信主要受累於其以不利估值出售天然气资产,相关资产占中石化冠德2019至2021年税前溢利及营运现金流介乎26%至28%。该行相信现时估值反映最坏情况,惟该行相信今年油价虽变动不大,对原油进口走势持乐观态度,料中石化冠德今年可维持介乎6%至7%销售量增长。加上派息有望增加,该行上调中石化冠德评级,自「跑赢大市」升至「买入」,目标价则自3.9元稍降至3.8元。
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