《大行報告》《大行報告》花旗下調中航信(00696.HK)目標價至21元 評級「買入」
花旗發表報告,指由於預計即將到來的6月營運數據疲軟和國際航空旅行的延遲復甦,將中航信(00696.HK)2021財年和2022財年的盈利預測下調4%至7%,並維持2023財年的預測,將目標價由22元下調至21元,評級「買入」。
花旗指,中航信的股價從今年3月的近期高位回落了約33%,主要是由於國際航空旅行復蘇延遲,以及擔心6月份的營運數據受到廣東地區疫情反彈的影響。不過,該行認爲目前股價的調整已經過度,預計中航信可獲重估,主因對基本面的影響低於預期、今年下半年航空旅行需求前景較上半年好、長期業務增長保持不變,加上更好的管理層激勵,股權激勵計劃將從2022年首季開始實施。
花旗預計,中航信的6月份內地市場的機票預訂量將按年下跌11%,原因是廣東地區的疫情反彈,隨着廣東地區的新冠病例已經清除,內地航空旅行需求將從7月開始出現改善。至於國際航線料從2022年第二季度開始逐步重新開放,較原先預期今年末季重啓延遲。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.