《大行報告》摩通:新奧能源(02688.HK)季績符預期 重申「增持」兼行業首選
摩根大通發表研究報告指,新奧能源(02688.HK)第三季零售天然氣銷量增長15%,新安裝量增長19%。考慮到電力限制及液化天然氣(LNG)價格高企,管理層將全年銷量增長指引由20%,下調至介乎18%至20%,利潤率指引由56分人民幣,下調至介乎53至54分人民幣,均為符合該行預測。
摩通相信,天然氣零售增長放緩只屬暫時性,有部分省份已開始放鬆限電措施,認為市場對其利潤率和銷量增長的過分擔憂,導致近期股價疲軟,亦提供一個有吸引的入市時機,重申「增持」及行業首選地位,目標價為150元。
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