《大行報告》匯豐研究上調海豐國際(01308.HK)目標價至47元 評級「買入」
匯豐環球研究發表報告指,上海出口集裝箱運價指數(SCFI)於上週按周升1.2%,再創紀錄新高,自3月底蘇伊士運河堵塞後12週上升了46%。另外,按照寧波出口集裝箱運價指數,亞洲至歐洲的運費按週上升1.5%,但跨太平洋運費則下降0.1%。
該行表示,深圳鹽田港於6月15日宣有其整體營運能力已回到70%水平,而碼頭密度已降至70%。該港口預期於本月最後一週可完全恢復服務。不過,該行稱是次鹽田港暫停運作已對供應鏈造成破壞,情況甚至比蘇伊士運河意外更爲嚴重。由於沒有可用船舶運力,未來數週及旺季期間或難以避免出現停航,導致擁擠附加費和運費上漲。
匯豐又稱,海豐國際(01308.HK)早前公佈盈喜,預料今年上半年盈利介乎4.4億至4.8億美元,爲中期業績的新高,相當於市場對今年盈測的67%至73%,並遠高於去年同期的1.18億美元。
爲反映更高的均價及貨量增長,該行上調海豐國際今年至2023年盈利預測8%至14%,股份目標價由45元升至47元,評級維持「買入」。
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