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《大行報告》摩通將中國中車(01766.HK)納入正面觀察名單 目標價上調至7.2元
摩根大通發表報告,將中國中車(01766.HK)納入正面觀察名單,自5月以來,其A股及H股分別下跌25%及35%,將較早前國企重估主題下的升幅近乎抵銷,相信該股在估值及增長方面,風險回報吸引,因爲公司處於淨現金狀態,自由現金流強勁,現價相當於市盈率6倍、市賬率0.5倍、股息率約9%,預計2023至2025財年每股盈利複合年增長率約15%,該行相信市場或會上調盈利預測,對中國中車評級爲「增持」,目標價由7元上調至7.2元。 該行又認爲,市場對動車組列車的壓抑需求過份樂觀,因爲國家鐵路集團資金受限,中國疫後復甦疲弱,令人關注高鐵出行的需求情況,以及在地緣政治局勢下,出口或受影響。
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