《大行報告》匯豐研究降東方海外(00316.HK)評級至「持有」 重申中遠海控(01919.HK)「買入」評級
匯豐研究發表報告,航運股在2022年盈利水平將比2021高,即使到2023年的產能過剩風險快速上升,盈利上調和高派息也將推動航運股上升,續看好大部分航運股。
估值方面,匯豐研究認爲,中遠海運(01919.HK)仍是最便宜的,重申其「買入」評級,目標價由26.5元下調至24元,海豐國際(01308.HK)有結構性上行空間,目標價由50元上調至55元,重申其「買入」評級。該行認爲,東方海外(00316.HK)股價最近跑出、流動性低,上行空間有限,評級由「買入」下調至「持有」,目標價225元。
匯豐研究表示,中國可能會在2022年下半年繼續其「清零」政策,以及在美國西岸港口在夏季每六年一次的工資談判是兩個未知數,有可能將上半年盈利高峯延長至下半年。該行預測,其涵蓋的航運股總利潤將在2022年按年增長10%,比市場預期高出33%。
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