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野村:上調中燃(0384.HK)目標價至40.3港元 評級“買入”
格隆匯 11-26 15:26
野村發表報告指,中國燃氣(0384.HK) 在2020財年中期的純利按年增長16%至49億港元,撇除一次性項目,核心盈利按年上升22%。而集團中期的天然氣單位毛利仍然具韌性,每立方米利潤0.621元人民幣,與上年同期的0.625元人民幣相若。
該行對中燃的股份目標價,由37.2港元上調至40.3港元,評級維持“ 買入 ”,並上調2020財年盈利預測1%,以反映較佳的單位毛利假設。野村表示,集團的前景穩定,由於更佳的成本即時轉移機制,管理層輕微上調今財年單位毛利指引至每立方米0.61元人民幣。

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