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《大行報告》大摩上調中遠海控(01919.HK)目標價至21.2元 料未來2至3個月運價趨升
摩根士丹利發表報告表示,就中遠海控(01919.HK)發盈喜,預計截至今年6月止六個月錄得歸屬初步核心股東淨利潤約370億人民幣,相當於市場同業對其今年全年初步核心股東淨利潤預測68%,相信盈喜影響正面,即顯示公司今年第二季核心股東淨利潤216億人民幣(意味年度化股本回報率爲200%),對比2021年首季154億人民幣、2020年第二季的8.06億人民幣。

該行重申對中遠海控「增持」評級,上調對其H股目標價由14.54元升至21.2元,決定調高對中遠海控今明兩年純利預測各99%及57%,反映費率較高的預期。

大摩估計行業週期至2022年持續呈上升趨勢,考慮到全球貿易活動穩步復甦,但該行亦認爲當前的現貨市場已明顯偏離正常週期,主要是由於新冠疫情大流行下引發的嚴重供應限制如全球港口延遲、供應鏈放緩和集裝箱短缺。該行料現貨市場未來2至3個月可續上升,因迎來需求旺季,但短期供應仍然偏緊,估計可令中遠海控股價或進一步上升。(wl/a)

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