You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
瑞銀:降上石化(0338.HK)目標價至2.85港元 評級“買入”
格隆匯 01-15 11:02

瑞銀髮表報告指,根據上石化(00338.HK)管理層提到,輕重油價差收窄或影響集團去年的盈利,雖然眾多私營煉油產能料將在今年開始生產,但管理層預期國際海事組織今年開始實施的環保新規,可使集團煉油業務的基本面穩定下來。

該行表示,上石化料今年首季的運輸成本可維持在每桶3至4美元,對比去年第四季時的高位為每桶8美元,另一方面,集團對今年化工業務的基本面仍然悲觀。

瑞銀下調對上石化2019及2020年的盈利預測分別17%及33%,以反映預期化工業務基本面疲弱,股份目標價由3.15港元降至2.85港元,此相當預測今年市賬率1倍,維持“買入”投資評級。

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.
uSMART
Wealth Growth Made Easy
Open Account