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一文綜合券商於長和(00001.HK)公布業績後最新評級、目標價及觀點
長和(00001.HK)公布今年中期業績後,今早股價靠穩。瑞銀表示,長和中期利按年升4%符合市場預期,主要受能源及港口業務所支持,抵銷了中國零售業務及意大利電訊業務欠佳的影響,指每股中期息按年升5%符預期。該行指長和管理層料8月可完成出售英鐵塔交易,料交易後可支持集團展開回購股份,重申「買入」投資評級,上調目標價由67.5元 長和昨日(4日)收市公布今年中期業績,按國際財務報告準則(IFRS)16後基準,純利達190.88億元,按年增長4.3%;每股盈利4.98元。派每股中期息0.84元,上年同期派0.8元。期內收益總額2,296.16億元按年升8.1%。EBITDA總額705.25億元,按年增長3.5%。EBIT總額則增長8.2%至376.48億元。 公司上半年港口及相關服務收益總額按年增長14%至226.51億元。零售業務收益總額按年升3%至849.05億元,同比店舖銷售額錄得7.4%增長。基建收益總額按年跌1%至276億元。長和聯席董事總經理霍建寧指旗下3英國會繼續投資於建設5G網絡,捕捉市場機會。 【股價呈靠穩 候股份回購】 花旗發表報告表示,長和上半年穩健,業績展示集團作為一家擁有全球業務多元化企業集團的韌性。儘管面臨重大不利因素,包括外匯波動、內地疫情嚴重下圍封、全球貿易中斷等,長和整體利潤按年增長近5%,主要受益於油價上漲、港口存儲收入以及重組帶來的增量收入。該行指長和未來關鍵催化劑包括股票回購,維持對長和的「買入」評級及目標價84港元不變。 野村表示,長和中期業績鞏固,在宏觀經濟不明朗下財務表現強勁具紀律,指市場將聚焦公司潛在進行的股份回購行動,重申「買入」評級,目標價由71.2元降至66.7元。 --------------------------------------- 下表列出4間券商對其評級及目標價: 券商│投資評級│目標價(港元) 花旗│買入│84元 高盛│買入│77元 瑞銀│買入│67.5元->70元 野村│買入│71.2元->66.7元 券商|觀點 花旗│面臨重大不利因素整體利潤仍增5%,看好其多元化業務增強集團韌性 高盛│業務多元化使於收益穩定增長 瑞銀│料完成出售英鐵塔交易後,將可展開回購股份 野村│財務表現強勁,指估值吸引
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