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《大行报告》大和上调煤气(00003.HK)评级至「跑赢大市」 目标价升至13元
阿思达克 11-12 15:30
大和发表报告,上调煤气(00003.HK)投资评级,由「持有」升至「跑赢大市」,以分类加总估值法计,目标价由10.7元升至13元。该行称,昨日(11日)本港政府宣布豁免广东及澳门港人回港时的隔离限制,以及与新加坡建立「旅行气泡」,憧憬本年售气量按年复苏。

该行称,豁免隔离料刺激明年煤气本港销气量增长。由於仅属对港人返港的单向放宽,料推动明年本港销气量增长。另与新加坡「旅行气泡」安排属双向,惟每日往返各仅限200人,虽然规模较小,但意味与亚洲主要城市间未来或有进一步限制放宽。

此外,大和表示,10月本港销气量按年增6%,属2019年6月以来首见按年增长,主因天气转冷及去年同期社会运动带来的低基数,料放宽旅游限制将致本港商业用气量复苏。另明年低燃料成本料亦利好煤气。大和上调煤气2021至2022年每股盈测1%,以反映明年本港销气量按年增长预测由5%上修至6%。

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