《大行報告》大摩上調中銀航空租賃(02588.HK)目標價至62.4元 評級「與大市同步」
摩根士丹利發表研究報告指出,根據中銀航空租賃(02588.HK)指引,其2021年的資本開支由40億美元降至25億美元,主要由於延遲生產及交付波音787飛機,令機隊規模增長放緩。另因爲去年下半年的租賃收款有所改善,以及信用損失一定程度逆轉,令去年應收賬款減值減少。考慮到公司東南亞航空公司客戶的重組令債務持續,估計今年飛機的減值略爲增加。
大摩將中銀航空租賃的目標價由60.8元上調至62.4元,評級「與大市同步」,並將其2021至2023年的盈利預測,分別下調4%、10%及10%。
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