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《大行報告》大和升新奧(02688.HK)評級至「買入」 目標價輕微下調至155元
阿思達克 11-11 11:35
大和發表報告指,新奧能源(02688.HK)參與了該行舉行的投資者會議,提供了業務更新。集團確認今年的單位毛利指引為每立方米0.53元至0.54元人民幣,較年初指引的0.56元人民幣有所下降。此外,集團預期綜合能源業務的快速發展,及今年住宅接駁量240萬至250萬戶,有助實現今年核心盈利按年增長15%。 基於管理層指引,及未來潛在的冬季天然氣供應持續緊張,大和將新奧今年的單位毛利預測由每立方米0.56元,降至0.53元人民幣,明年由0.56元降至0.54元人民幣,及2023年由0.55元降至0.53元人民幣。 大和同時將新奧股份評級由「跑贏大市」升至「買入」,不過目標價由156元輕微下調至155元,並調低集團今年至2023年每股盈利預測2.9%至3.5%,以反映單位毛利預測下降。由於盈利能見度高,及確認核心盈利增長15%的目標,該行認為集團過去三個月股價回調23%是不合理。
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