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交銀國際:升新奧能源(2688.HK)目標價至120港元 重申買入評級
格隆匯 11-24 12:54

交銀國際發表報告,將新奧能源(2688.HK)目標價從105.5港元升至120港元,重申買入評級。

報告指,天然氣零售銷量雙位數增長將持續到2022年,預計2021年新奧的工商業用氣量將進一步回升,驅動2020-22年間零售氣量複合年增長10%以上。進口液化天然氣為另一動力,新奧在未來幾年將進一步加大採用在母公司舟山碼頭進口的液化天然氣;碼頭第二期項目定於2021 年上半年完成。

又指,隨著國內碳中和意識提高,泛能成為新興板塊,預測2022年泛能的能源銷售將幾乎翻倍,2020-22年間毛利貢獻將從5.9%提升至8.8%,該行又將2020-22 年每股盈利預測提高1-6%,以反映更好的天然氣零售銷量增長和泛能項目擴張,盈利可見且財務良好。

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