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瑞信:重申中國神華(1088.HK)跑贏大市評級 目標價18.5港元
格隆匯 11-24 12:36

瑞信發表研究報告指,中國神華(1088.HK)展開回購,相信整個回購計劃有助公司H股估值重估及推動H股股價,目標價維持18.5港元。

另外,煤供應緊張,煤價或見反彈。據瑞信考察,由於主要採煤省份繼續受嚴格安全措施限制、年底剩餘入口限額有限等因素,預期供需緊張情況於燃煤高峯期持續。而且公司現時秦皇島港口煤儲量亦較去年同期少2成,相信在接下來的寒冷天氣及日常消費活動增加下,可推升煤價。

該行重申中國神華跑贏大市評級,2021年預測市賬率0.6倍。

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