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野村降中移动(0941.HK)目标价至96港元维持“买入”
格隆汇 08-02 11:15

野村发表研究报告指出,今年内地5G推出的步伐将会加快,预期下半年中移动(0941.HK)盈利能力将会改善,但上半年服务收入和盈利估计按年下跌2%和7%,因此调低其2019-21年度的盈利预测0.3-4.7%,以反映数据减费的短期影响,目标价亦由100港元下降至96港元,即较前收市价66.35港元,仍有上行45%的空间,维持“买入”评级。

报告指出,市场竞争缓和以及5G商业化均对中移动下半年业绩有利,相信公司可在5G周期中稳步增长。中移动计划今年在全国40个城市提供5G服务,而至2020年冀可提供所有地级以上城市的5G商用服务,5G推进步伐比之前预测时间表更快,而且中移动表示,其2.6GHz频段成熟程度已接近3.5GHz频段,相信公司获得2.6GHz与4.9GHz频段,将可在5G网络设计上享有更高弹性,有助节省资本开支。

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