《大行報告》摩通升潤燃(01193.HK)評級至「增持」 上調煤氣(00003.HK)評級至「中性」
摩根大通發表研究報告指,考慮到經濟復甦及低基數,加上油價較低及房地產市場前景,看好中國的天然氣公用事業。該行將華潤燃氣(01193.HK)評級由「中性」上調至「增持」,認為其估值有吸引力,目標價升至33元;又將煤氣(00003.HK)評級由「減持」上調至「中性」,目標價升至6.5元,預計明年天然氣銷量將會回升,利潤率將從43分人民幣提高至48分人民幣。該行並予新奧能源(02688.HK)評級「增持」,目標價由110元升至120元。
該行預計,在其覆蓋的公司中,天然氣銷量增長將由2022財年的8%升至2023財年的13%,並料內地將於明年春季前重新開放,雖然封城打擊了商業天然氣消費,惟料明年情況將有所改善。該行又預期,工業生產將由2022財年的4.2%回升至2023財年的5.8%。
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