《大行報告》瑞銀上調招商局港口(00144.HK)目標價至18.8元 評級「買入」
瑞銀髮表研究報告,將招商局港口(00144.HK)2022至2024財年經常性盈利預測上調8%至9%,以反映2021年業績勝預期,以及來自珠江三角洲和海外的盈利貢獻。
該行相信招商局港口的首季(4月底公佈)及中期業績(8月底公佈)勝預期將會是潛在的催化劑,因爲關稅上調對公司的財務影響將於今年首財季得以反映,而公司旗下上港集團(600018.SH)早已發盈喜料今年首季純利按年增長76%。
瑞銀假設上港集團今年的純利按年持平,招商局港口將從上港集團獲得12億元人民幣的股息(稅後),而2021年僅爲7.94億元人民幣。該行對招商局港口目標價由18元上調至18.8元,維持「買入」評級。
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