一文綜合券商於中石油(00857.HK)公布業績後最新觀點及目標價
中國石油股份(00857.HK)今早股價向上，該公司上周四(27日)收市後公布截至今年6月底止中期業績，營業額9,290.45億元人民幣按年跌22.3%。盈轉虧蝕299.83億人民幣，上年同期賺284.23億人民幣；每股虧損0.164元人民幣。派中期息8.742分，上年同期並派7.765分，包括中期息6.988分及特別息0.777分。
中石油上半年經營虧損60.43億人民幣，上年同期為錄經營利潤706.63億人民幣。上半年勘探與生產板塊營業收入為2,554.5億人民幣，按年下降21.7%；煉油與化工板塊營業收入為3,698.11億人民幣，按年下降24%；銷售板塊營業收入為7,492.03億人民幣，按年下降23.8%。
【派息優預期 料未來改善】
法巴相信中石油最壞時刻已，並對中期派息感驚喜，重申「買入」評級及目標價3.56元。匯豐環球研究發表報告表示，中石油上半年虧損如預期中疲弱，首季及次季分別錄虧損133億元及167億元顯示經營有所改善，中期息按年增加13%至8.7分人民幣，該行預期下半年將仍會有穩定股息，相當於年化之股息收益率達7.4%
匯豐環球研究表示，基於油價的反彈，將對中石油今年度每股盈利預測由0升至0.18元人民幣，同時上調2021至2022年盈利預測49.3%及45%，將中石油目標價由2.3港元升至2.56港元，相當於明年市賬率0.33倍，維持中石油H股「持有」評級。
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本網綜合12間券商予其最新評級及目標價：
券商│投資評級│目標價(港元)
星展│買入│4元
瑞信│跑贏大市│3.8元
美銀證券│買入│3.6元
法巴│買入│3.44->3.56元
摩根士丹利│增持│3.5元
大和│跑贏大市│3.2元
中銀國際│中性->買入│2.86->3.07元
里昂│跑贏大市│3.07元
建銀國際│中性│2.85元
瑞銀│沽售│2.6元
匯豐證券研究│持有│2.3->2.56元
花旗│沽售│2.3->2.4元
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券商│評級│目標價(港元)
星展│預計收益從第三季度起大幅改善
瑞信│第二季度業績符預期，按承諾增加派息
美銀證券│上半年成本控制得宜，派息勝預期
法巴│公司最壞時間已過，積極股息有驚喜
摩根士丹利│第二季度重大虧損預期之內，勘探與生產成本控制得宜
大和│上半年巨虧仍符預期
里昂│疫情影響上半年業績表現，油氣管道合作具協同效應
建銀國際│二季度淨虧損低於預期，勘探與生產部門成本降低
中銀國際│上年年業績虧損低於預期，派息慷慨
瑞銀│第二季度業績符預期，增派息優於預期
匯豐證券研究│勘探與生產和化工業務增長勝預期
花旗│第二季度虧損擴大，股息有驚喜
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