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《大行報告》美銀證券升中石化(00386.HK)評級至「買入」 首選中石油(00857.HK)
美銀證券發表研究報告,指美銀大宗商品策略師團隊仍看好2022至2023年布蘭特期油價走勢,預計在新興市場消費復甦推動全球石油需求提升,均價可由2021年的每桶71美元,上升至每桶85及75美元。 該行預計原油供應將上升,2022年非OPEC+國家每日產量或提高200萬桶,市場料將保持相對平衡,並預測未來十年長期石油價格將達到每桶70至100美元新水平。 美銀認為,內地當局目前首要目標是穩定能源安全需求,預計石油企業今年上游資本開支將按年增加3.5%至3,500億元人民幣,考慮到碳中和目標,預期將增加天然氣業務預算,預測今年天然氣需求將增長8%;同時清潔能源投資將加快。 美銀首選為中石油(00857.HK),重申「買入」評級,目標價5元,指出公司盈喜符合市場預期,現估值吸引,預計股息率將達到高單位數。該行並將中石化(00386.HK)的評級上調至「買入」,2022至2023年稅後淨利潤預測分別上調6%及32%,目標價由5元提升至5.1元。中石化煉化工程(02386.HK)同予「買入」評級,目標價6.7元。
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