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《大行报告》汇丰上调内地煤炭股盈测 调整目标价重申看法审慎
阿思达克 04-29 14:55
汇丰研究发表报告,指近期上调今年内地动力煤价格预测4%,明後两年预测大致不变;并上调海运动力煤2021至2023年价格预测7%至14%,相应上调内地煤炭板块2021至2023年盈测介乎3%至14%。该行称,受惠煤价上升,中煤能源(01898.HK)及神华(01088.HK)首季业绩强劲,兖煤(01171.HK)今日(29日)将公布首季业绩。

考虑煤价上升及首季业绩,该行上调中煤2021至2023年盈测14%至46%,上调神华盈测1%至7%,上调兖煤盈测3%至17%。该行重申对内地煤炭板块估值潜力审慎看法,近期板块股价大升,与全球ESG投资风向,及某程度与内地政策目标(碳中和)不一致。该行维持中煤及兖煤「减持」评级,维持神华「持有」评级。

汇丰上调中煤目标价由2.5元升至2.9元;下调神华目标价由16.5元降至15.7元;下调兖煤目标价由6.9元降至6.7元。

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