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瑞信:升國泰航空(0293.HK)目標價至7.2港元 維持中性評級
格隆匯 02-19 13:02

瑞信發表報吿,將國泰航空(0293.HK)目標價從6.6港元升至7.2港元,維持中性評級。

報吿指,在今年初主要市場仍然有旅遊封鎖,同時近期展望仍具挑戰,預計國泰復甦之路仍然困難。雖然現時距離疫苗接種更近一步,但疫苗供應及物流仍有阻礙,相信要待接種提高後,缺少本地業務的國泰才會減輕壓力。

報吿又指,雖然國泰在港擁有主要及重要地位,但短期內仍看到一定挑戰,包括香港本港或引入新競爭者,同時近期機組人員受到政府新防疫政策影響,同時布蘭特期油上升,預計公司在2021年虧損會擴大,明年盈利亦要作出調整,但在疫苗的長期可見度上升下,目標價亦獲提高。瑞信現估計2020及2021年虧損額215億及137億港元,2022年將回復20.9億港元盈利。

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