《大行报告》摩通上调中海油(00883.HK)目标价至9.5元 反映高油价预测
摩根大通发表报告表示,继1月8日美国财政部外国资产控制办公室(OFAC)列入黑名单後,指数公司MSCI,FTSE及标准普尔相继宣布於今年1月26日和2月1日或将中海油从旗下指数删除,该行估计MSCI、FTSE及标准普尔将中海油剔出可能会导致被动流出共22亿股,约占中海油总股份及自由流通量各5%及13%。
就1月14日美国商务部将中海油添加到其实体「黑名单」中,这意味着美国人将无法出口某些受管制的产品予中海油,摩通目前不期望此对中海油有任何长期的营运影响,而中海油旗下美国业务最有可能受到影响的操作仅占截至2019年的储备计约6%。
摩通指,上调对中海油目标价由9元升至9.5元,维持「增持」评级,为反映对布兰特期油较高预测,决定调高对其今明两年每股盈利预测均18%。该行指中海油现估值仅预测今年市盈率8倍,较内地同业约9倍至13倍为低。
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