《大行報告》大摩相信中國中鐵(00390.HK)股價60日內將升 評級「增持」
摩根士丹利發表研究報告,預期中國中鐵(00390.HK)的股價在未來60日內有超過80%機率會上升,指出市場對政府基建資本支出取態反應積極,反映出投資者看好今年經濟以穩增長爲重點,以及一大批重點基建項目新開工速度預期將加快。
大摩認爲逆週期寬鬆正在推進,預計2022年交通固定資產投資增速將從2021年的按年增長2%提速,中鐵將從中受惠,地方政府專項債券發行加快,預期公司的經營現金流將顯着改善。該行認爲,中國中鐵現價爲2022年預測市盈率約3倍,預期盈利每年可增長10%至15%,現時估值非常具吸引力,給予「增持」評級,目標價6元。
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