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富瑞国泰(0293.HK)不明朗因素减轻续吁买入及目标价15港元
格隆汇 08-19 17:11

富瑞发表研究报告表示,国泰航空(0293.HK)向中国民航局所报送的机组人员信息符合要求,减轻部分不明朗因素,而行政总裁何杲与顾客及商务总裁卢家培亦已宣布辞职。该行基于国泰现时0.6倍的市帐率估值及预期公司继续录得盈利,维持予其“买入”评级,惟近日短期不利消息可致股价升幅受限,目标价维持15港元。

富瑞认为,国泰仍面对收益率压力及香港示威活动影响载客量,不过相关影响或可被单位成本降低而抵销,预料下半年乘客收益率按年跌4.3%、载客量增7.3%、不含燃油的单位成本按年降2%,令下半年盈利可达15.5亿元。

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