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大摩:三大中資航空股的目標價和盈利預測
格隆匯 09-22 12:56

摩根士丹利發表研究報告指,鑑於內地復甦比預期快、人民幣升值等因素而上調國航(0753.HK)、東方航空(0670.HK)和南方航空(1055.HK)三大中資航空股的目標價和盈利預測,但仍對供給過剩導致的價格競爭和出境遊持謹慎態度。大摩將三大中資航企的H股目標價上調15%-19%,而A股目標價亦調高12%-28%。

報告將今年美元兑人民幣的假設由7.1調整至6.8,2021和2022年的假設分別由7.0調整到6.6。

報告指,對於國航、東航和南航來説,人民幣每升值1%,將增加其淨利潤3.18億-5.27億人民幣。

大摩將國航今年每股純利預測上調27%,東航上調23%,南航上調25%,國航明年每股純利預測上調86%,東航上調37%,南航上調48%。

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