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《大行报告》瑞信上调中海油服(02883.HK)目标价至12.5元 评级「跑赢大市」
阿思达克 02-05 09:54
瑞信发表研究报告指,中海油(00883.HK)日前宣布今年资本开支预算为900亿至1,000亿元人民币,按年增加13%至26%,为2014年以来最高水平,超出市场预期,当中对中国离岸油田的资本开支占比提高到72%,为历史新高水平,料对中海油服(02883.HK)有利。

该行指出,中海油的资本开支分配将令中海油服今年国内工作量激增,情况与2019年类似,估计中海油服中国近海的自升式钻井平台利用率将接近到90%,达到上升周期的水平,因此将2021至2022年每股盈利预测提高4%。

瑞信预期,中海油服2021年净利可达38亿元人民币,预计将有进一步上升空间,在中海油的战略预览下积极发展,将继续推动重估,将其目标价由10.5元上调至12.5元,重申「跑赢大市」评级。

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