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《大行報告》大摩上調中電信(00728.HK)目標價至3.5元 評級「增持」
阿思達克 03-10 10:23
摩根士丹利發表研報指,中電信(00728.HK)在收入帶動下,去年第四季EBITDA較預期高出2%,同時今年資本開支按年增加2.6%至870億元人民幣,預期市場對此反應正面。

報告指,管理層目標今年產業數字化業務收入可達到雙位數增長,但相信今年營運開支亦會相應提升,預期EBITDA利潤率將收窄,但EBITDA料仍有2%增長,管理層亦估計今年盈利將有所上升。

對於中電信(00728.HK)擬發行A股,並將引入戰略投資者,大摩指出,回A將令未來一至兩年的每股盈利有所攤薄,但相信公司未來派息仍維持穩定。大摩將2021至2023年資本開支預測下調2%至6%,目標價由3元上調至3.5元,維持「增持」評級。

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