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瑞信:予恆指明年目標兩萬八 薦14只估值合理增長股
格隆匯 12-12 12:04

瑞信發表中港市場2020年展望報告,予恆指明年目標28,000點,料恆指成份股於2020年至2022年每股盈利可按年均升5%,此相當預測2020年至2022年預測市盈率各10.9倍、10.3倍及9.9倍;該行予滬深300指數明年目標3,800點,料滬深300指數於2020年至2022年每股盈利可按年各升10%、10%及5%,此相當預測2020年預測市盈率11.3倍;該行予MSCI中國明年目標83點,料MSCI中國於2020年至2022年每股盈利按年各升10%、10%及5%,此相當預測2020年預測市盈率11.8倍。

瑞信就合理增長(料2018年至2021年每股盈利複合增長率逾15%)及合理估值(預測明年市盈率少於20倍)情境下挑戰了14只「估值合理的增長股」推介名單,包括友邦(01299.HK)、中國平安(02318.HK) 、中金公司(03908.HK) 、中國平安A股(601318.SH)、海通證券(06886.HK)、中國燃氣(00384.HK)、新奧(02688.HK)、信義光能(00968.HK)、傑瑞股份(002353.SZ)、中海油服(02883.HK)、中國海外(00688.HK)、龍湖(00960.HK)、華潤置地(01109.HK)及石藥(01093.HK)。

該行表示,在行業中建議增持原材料及能源,建議減持金融、傳媒及娛樂板塊,同時列出該行明年首選股,包括中國平安、中國中鐵(00390.HK)、中國海外(00688.HK)、中海油(00883.HK)、中國燃氣、石藥集團(01093.HK) 及格力電器(000651.SZ)。

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