You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》摩通下調中燃(00384.HK)目標價至36.7元 評級「增持」
阿思達克 04-28 09:58
摩根大通發表報告指,中國燃氣(00384.HK)股價自上周公布配售新股後已下跌了16%,相較同業跑輸約10%,相信股價反應是過度,因是次集資所得是用於投資城市燃氣項目、華南天然氣供熱及液化石油氣微管網業務。

該行表示,集團上述的增長策略是符合其核心業務,可助集團於2023財年達至純利150億元的目標,估計其催化劑包括公布收購,及年度業績優於預期。

摩通下調中燃股份目標價,由37.5元降至36.7元,以反映股數增加,部分被未來自由現金流提升所抵銷,評級維持「增持」。該行亦調升集團2022至2024財年盈利預測2%至11%,反映液化石油氣微管網及華南供熱接駁等業務有更好的增長前景。

該行又提到,集團現價相當於一年預測市盈率10.6倍,對比同業為14.6倍,認為其估值有吸引力,會收集股份。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account