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《大行報告》麥格理下調中海油(00883.HK)目標價至8.1元 評級「中性」
麥格理發表研究報告,指中海油(00883.HK)第三季業績穩健,純利1,088億元人民幣,與先前業績預告相符。被問及能源安全議題,管理層回應指在境內外的穩定發現將支持未來數年資本開支增加,相對原先資本開支指引為持平。報告形容,資本開支增加屬重大利好信號,公司對指引作重大修訂,料市場對 中海油預測有重大上行空間。 該行下調中海油今年至2024年各年每股盈測分別7.4%、1%及14.4%,以反映該行修訂對油價預測、最新外匯預測,及成本預測全面上調。以明年預測市盈率3.5倍為基礎,降中海油H股目標價5%至8.1元,重申「中性」評級,補充指在發現及開發成本趨勢逆轉下,偏好中海油服(02883.HK)多於中海油。
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