富瑞:料太平洋航運(2343.HK)第二季錄虧損 削目標價至1.4港元
富瑞發表研究報告指,鑑於全球經濟活動受阻,太平洋航運(2343.HK)管理層認為運費仍將維持近期疲弱水平,該行預計第二季集團將繼續錄得虧損,但預計今年下半年錄得盈利。該行重申其“買入”評級,但目標價由1.8港元下調至1.4港元。
該行指出,一旦中國經濟活動正常化及第三季波羅的海乾散貨指數(BDI)遠期匯率幾乎翻倍,相信集團下半年將錄得盈利。該行將2020和2021年的BDI預估值下調至870和1050,對比之前為1130和1340,主要是由於中國經濟活動的復甦速度低於最初預期。

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