一文综合券商於中石油(00857.HK)公布季绩後最新评级、目标价及观点
中石油(00857.HK)今早股价抽高，盘中曾高见2.92元一度抢高5.8%，最新报2.9元上扬5%。摩根大通表示，中石油首季业绩强劲，纯利按年升2.71倍及按季升2.1倍，相当於对其今年预测58%，其中天然气与管道板块实现经营利润按年升63%令人惊喜，相信其可获市场重估，并决定上调对今明两年每股盈利预测各41%及15%，重申「增持」评级及目标价3.6元。
中石油昨收市後公布截至今年3月底止首季业绩，营业额5,519.23亿元人民币按年升8.4%。亏转盈赚277.21亿人民币，上年同期蚀162.3亿人民币；每股盈利15.1分。首季集团实现油气当量产量4.17亿桶，按年同期增长0.8%，原油平均实现价格每桶55.7美元，按年同期增长2.4%，其中国内实现价格每桶55.62美元，按年同期下降1.4%；天然气平均实现价格每千立方英尺6.56美元，按年同期增长28.6%。
【季绩远胜预期 瑞信升目标价】
大和表示，中石油首季核心盈利录280亿人民币，录七年来最高水平，期内纯利亦明显高於市场原先预期，达到证券同业对其全年预测的52%，主要受惠於实现天然气价格按年上升29%，期内天然气与管道板块实现经营利润按年升63%，即为集团首季EBIT最大贡献部份，重申对其「跑赢大市」评级。
瑞信表示，上调对中石油目标价由4.2元升至4.5元，维持「跑赢大市」评级，首季业绩远胜市场预期，消除了市场对其盈利能力的忧虑，料市场对其业绩反应正面，决定上调对其2021年至2023年每股盈利预测各85.1%、36.1%及45%。
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本网综合6间券商对中石油最新的投资评级、目标价及观点：
券商│投资评级│目标价((港元)
瑞信│跑赢大市│4.2->4.5元
摩根大通│增持│3.6元
瑞银│买入│3.6元
大和│跑赢大市│3.3元
里昂│跑赢大市│3.2元
花旗│中性│3元
券商│观点
瑞信│首季业绩强劲，迎来明显转向
摩根大通│天然气业务盈利表现令人惊喜，升今明两年股盈预测各41%及15%
瑞银│首季纯利达市场对其全年预测56%
大和│首季纯利远胜市场预期，确认「跑赢大市」评级。
里昂│下游业务迎转向，显示内地燃油需求复苏
花旗│首季业绩胜期，受惠炼油业务优预期及进口天然气录盈利
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