大摩:重申中石化(0386.HK)“持有”評級 目標價5.94港元
大摩發佈報告稱,中石化(00386.HK)三季度精煉利潤下滑屬負面意外,如果弱勢持續,公司股價將缺乏利好刺激,重申對中石化H股的“持有”評級,目標價為5.94港元。
報告指出,中石化精煉息税前利潤同比下降78%,環比下滑52%,預期運費上漲帶來的壓力四季度恐難消除,投資者應對中石化近期利潤前景感到憂慮。
報告繼續稱,中石化營銷部門收益增加,本來一定程度上可以抵銷精煉業務的弱勢,但該行認為精煉業務今季度不會有實質性改善。

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