花旗:重申潤燃(1193.HK)“買入”評級 目標價46港元
花旗發表研究報告指,華潤燃氣(1193.HK)預期零售天然氣銷售增長或達雙位數,銷氣差價維持穩定,以及內地取消城市門站價格的影響有限,遂重申對公司“買入”的投資評級,目標價46港元。
發改委早前公佈《中央定價目錄》(修訂徵求意見稿),當中建議取消城市門站價格。花旗認為,最終政策有機會於未來數月公佈,而天然氣價格市場化相信對下游分銷商的影響有限,其中是因隨着供應增長,內地天然氣短缺的情況未來應會改善。
花旗又引述潤燃指,公司零售天然氣銷售增長有望加快,因公司料於本月下旬完成收購寧波下游天然氣分銷項目,加上冬季寒冷天氣將帶動需求。

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