瑞銀:下調中石化(0386.HK)目標價至4.4港元 維持“中性”評級
瑞銀髮表報告,下調對中石化(0386.HK)
2019年至2021年的每股盈利預測分別2%、23%及11%,股份目標價由4.9港元降至4.4港元,評級維持“
中性
”
。
瑞銀表示,結構性問題及中石化長期自然增長潛力的能見度有限,支持了該行的審慎看法。短期方面,由於新型肺炎疫情爆發,該行相信市場似乎不可避免下調對集團下游業務經營的展望,而油價亦為另一風險。
瑞銀又稱,雖然中石化疲弱的股價表現可見投資者正反映有關不明朗性,但相信市場對集團近期的盈利影響、派息可持續性的疑問,及下游競爭加劇等的憂慮會對股價造成威脅。
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