《大行報告》摩通上調中移動(00941.HK)目標價至76元 評級「增持」
摩根大通發表研究報告指,中移動(00941.HK)第二季業績非常強勁,管理層在業績會議提供更樂觀財務展望,但指出投資者或對管理層未有給予清晰派息指引而感到失望;該行形容中移動基本面正改善,在A股上市前夕,公司有更大誘因提供良好表現數據及增加派息。
報告指,中移動次季EBITDA增長速度由首季的5.2%加快至16.4%,主要由於去年同期基數較低。該行指出,中移動早前宣布將在上海交易所發行A股,管理層預期將在下半年全面推進,並相信每股盈利在攤薄後仍可保持增長。
中移動目標全年開通5G基站數量逾70萬,而截至上半年已達50.1萬個,相信對5G的投資在2020至2022年達到高峰,自2023年起將減少。
大摩上調中移動今明兩年盈測分別4%及6%,維持予「增持」評級,指其擁有全球最大移動客戶群,覆蓋個人至商業電信服務,基於業績表現及公司指引正面,目標價由73元上調至76元。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.