摩通:重申中移動為行業首選,維持目標價70港元
格隆匯4月25日丨摩通發表研報指,中國移動(0941.HK)首季服務收入、EBITDA及盈利按年分別升9%、6%及7%,與同業相近,當中其固網業務收入增長加速。該行重申該股為行業首選,在目前市場波動下,中國移動為行業中最具防守性,維持其“增持”評級,H股目標價70港元。
該行指,中國移動在同業中擁有最嚴格控制資本開支的手段,並且有未來幾年增加派息比率的清晰計劃。該行又指,雖然其首季移動用户淨增長1萬户,但其移動收入增長由去年下半年的4%放緩至2%,ARPU亦持平,主要受季節性因素及封城等影響。

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