大和:新奧能源(2688.HK)估值吸引 重申買入評級
大和發表研究報告指,新奧能源(2688.HK)目前股票估值已變得有吸引力,該行重申公司買入評級,目標價為108港元。
大和表示,國家主席習近平早前表示,中國將在2060年前實現“碳中和”,新奧能源股價在過去一個月已經調整了3%,有關目標亦推動了風能及太陽能股份價格上升15%至1.1倍。由於投資者的目標是無碳可再生能源,而非化石燃料。不過,由於截至去年底的天然氣消費量僅8%,該行預料天然氣將在中國的碳轉型中,發揮關鍵作用。
該行指,在新型冠狀病毒肺炎疫情受控,高利潤商業氣體銷售回升的情況下,公司的9月份的氣體銷售量已完全恢復,錄得20%的按年增長,預計第三季的天然氣銷售亦將持續增長,同時在低基數效應下,公司今年下半年至明年上半年將有強勁恢復。因此,該行預期,公司可能會上調2020年天然氣銷量按年上升12%,或核心利潤按年升15%的目標。

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