《大行報告》摩通首予中海油服(02883.HK)「增持」評級 目標價7元
摩根大通發表報告,首次覆蓋研究內地油田服務行業,首予中海油服(02883.HK)「增持」評級,目標價7元。至於中石化油服(01033.HK)首予「中性」評級,目標價0.7元。
摩通表示,中海油(00883.HK)的資本開支料會較預期更爲強勁,今年估計按年增長20%,而該行對集團明年及2023年的資本開支預測較市場分別高9%及13%,因此喜好與其資本開支增長相關的股份。
另外,由於預期內地離岸鑽探活動今年至2023年的年均複合增長率有8%,因此估計中海油服兩年的盈利年均複合增長率可超過20%。雖然中海油服今年首季的盈利表現疲弱,但相信工作量增加及第二或第三季盈利復甦可成近期正面催化劑。
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