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《大行报告》摩通下调长和(00001.HK)目标价至87元 料去年纯利跌2%
阿思达克 02-20 09:53
摩根大通发表报告表示,长和(00001.HK)股价其中一个主要推动力为英镑汇率走势,随着汇价稳定,相信对集团相当於今年市盈率6.6倍的估值预期或会获得释放。 该行料长和将於3月中旬公布去年业绩,估计集团盈利将按年下跌2%至380亿元,录得轻微跌幅料主要由於去年下半年的汇率因素较上半年下跌3%;香港零售业务的经营表现面对挑战;及基建业务和赫斯基能源的盈利下降,但部分可被电讯业务经营的正面贡献所抵销。该行预期,集团将维持2019年每股派息在3.17元。 摩根大通表示,下调对长和2019及2020年的盈利预测分别16%及18%,以反映上述有关因素等的影响,资产净值预测亦下调19%至124元,基於资产净值目标折让率30%,股份目标价下调29%,由121.9元降至87元,维持「增持」评级。该行认为长和业务多元化,可为下行带来更多缓冲。(ek/w)~ 阿思达克财经新闻 网址: www.aastocks.com
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