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《大行報告》匯豐研究下調東方海外(00316.HK)目標價至225元 評級「買入」
阿思達克 08-23 10:21
匯豐研究發表報告,指東方海外國際(00316.HK)上半年盈利為28億美元,為歷史新高。收入按半年增47%,EBITDA利潤率亦續改善。上半年派息比率達100%,相等於年化股息率為39.4%,預期2021至23年派息比率為60至70%,料相等於今年股息率為32%。 該行指,對今年運費展望維持向上,同時為明年運費打定良好的基礎,因應目前碼頭基建項目投資不足,鐵路、堆場倉儲長期短缺,料費率在2022年2月前都不會下跌。上調公司盈測預期10%,重申「買入」評級,以市賬率計算目標價由250元降至225元。 該行同時看好同系的中遠海控(01919.HK)表現,認為中遠海控亦可以即將恢復派息政策,並為其股份催化劑。
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