摩通:上調中海油(0883.HK)目標價至14港元 維持增持評級
摩根大通發表研究報吿指,中海油(0883.HK)去年業績將帶來正面影響,雖然因為進行A股上市而延遲派發末期息,但承諾會於上市後儘快派發末期息及特別息,預期連特別息或可派發每股0.9元人民幣,加上不少於40%的派息比率,相信2022年派息可達1.76元人民幣,即H股現價息率達19%。該行維持其“增持”評級,目標價由12港元上調至14港元。
該行指,中海油重申其2022-24年生產目標維持不變,產量增長直至2025年的複合年增長率為6-7%。該行又指,其成本控制優異,預期2022年成本上升逾10%。
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