瑞信:降国航(0753.HK)目标价至8港元 评级“跑赢大市”
瑞信下调国航(0753.HK)
国航今明两年的盈利预测8%至18%,以反映人民币汇价及近期航空需求趋势。目标价相应由8.6港元降至8港元,评级维持
“跑赢大市”
。
该行指国航中期业绩略差于预期,中期纯利只及该行及市场全年预测的三成,有关下跌主要受会计准则改变、应占附属盈利较预期少及收益率疲弱。报告亦引述管理层指,7月及8月航空客逊预期,部分与天气有关。管理层见到第四季情况逐步恢复,长途线预订稳定及载客率改善。
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.