大摩降中海油田服务(2883.HK)评级至“与大市同步”目标价上调至9.38港元
摩根士丹利发表研究报告,预料油田服务板块今年上半年盈利增长强劲。不过,下调中海油田服务(02883.HK)投资评级,由“增持”降至“与大市同步”,由于其自6月初起获估值重评,股价累升约20%,同期恒指升约5%;予目标价则由9.06港元上调至9.38港元。

报告称,受惠「三桶油」资本开支增加,业务量骤增及毛利率改善,料内地油田服务行业上半年盈利复苏约70%,与该行看法相符,即整个行业享受持续复苏。
大摩表示,随着市场已消化中海油服潜在上半年业绩胜预期的憧憬,料其钻挖板块复苏程度不如油田技术服务业务,因此,料其2019至2021年间预测股本回报率介乎仅约3%至6%,另其现价相当于今年预测市帐率1倍,估值不吸引。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.