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《大行報告》匯豐上調內地煤炭股盈測 調整目標價重申看法審慎
阿思達克 04-29 14:55
匯豐研究發表報告,指近期上調今年內地動力煤價格預測4%,明後兩年預測大致不變;並上調海運動力煤2021至2023年價格預測7%至14%,相應上調內地煤炭板塊2021至2023年盈測介乎3%至14%。該行稱,受惠煤價上升,中煤能源(01898.HK)及神華(01088.HK)首季業績強勁,兗煤(01171.HK)今日(29日)將公布首季業績。

考慮煤價上升及首季業績,該行上調中煤2021至2023年盈測14%至46%,上調神華盈測1%至7%,上調兗煤盈測3%至17%。該行重申對內地煤炭板塊估值潛力審慎看法,近期板塊股價大升,與全球ESG投資風向,及某程度與內地政策目標(碳中和)不一致。該行維持中煤及兗煤「減持」評級,維持神華「持有」評級。

匯豐上調中煤目標價由2.5元升至2.9元;下調神華目標價由16.5元降至15.7元;下調兗煤目標價由6.9元降至6.7元。

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