《大行報告》摩通下調中燃(00384.HK)目標價至31.5元 評級「增持」
摩根大通發表研究報告指,中燃(00384.HK)年度業績較預期遜色約3%至4%,主要由於新增接駁量及經營現金流低於預期,但有部分被燃氣銷量大幅增長20%及增值服務業務利潤增長46%所抵銷。
報告指出,中燃管理層維持對前景樂觀看法,目標今年燃氣銷量增長15%至20%,增值服務收入則增長30%。該行表示,考慮到未來幾年增長放緩及盈利表現較弱,預期新增接駁費收入將下降,將2022至2023財年每股盈利預測下調3%至5%,目標價下調14%至31.5元,評級「增持」。
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