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《大行報告》匯豐研究下調新奧能源(02688.HK)目標價至176元 評級「買入」
阿思達克 10-29 10:26
匯豐研究發表報告,新奧能源(02688.HK)九個月天然氣零售銷售量按年增長20%,但由於政府的能源上限,令第三季增長放緩,而管理層的全年指引亦由按年增長20%,更新為增長介乎18%至20%。 匯豐研究指,考慮到較低的利潤率和天然氣產量預期,將其2021年至2023年的盈利預測下調6%,並認為,目前已很大程度上反映盈利下行趨勢的影響,因為自從國際天然氣和液化天然氣(LNG)價格上漲以來,股價已經從2021年8月的高位累跌約26%。 雖然近期面臨挑戰,但該行相信即新奧能源是非天然氣業務轉型的行業領導者,目前估值對應的風險回報具吸引力,維持「買入」評級,目標價由190元下調至176元。
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