《大行報告》瑞銀下調國泰(00293.HK)目標價至8.6元 評級「中性」
瑞銀發表報告指,將國泰(00293.HK)2023至2024年的收入乘客千米數(RPK)的估算降低介乎11%至13%。而公司指引載客能力到3月底將達到疫情前水平的50%,這似乎比預期中緩慢。但是,隨著機票價格可能會在高位持續更長時間,該行將2023至24年的乘客收益率預測提高2%至8%。
總體而言,該行預計,今明兩年客運收入將達到疫情前水平的82%至102%,比該行早前的預期低出約6%至11%。但中國重新開放應部分抵銷了2024年起的較低收入。因此,該行將2023至24年盈利預測降低4%至10%。該行將集團目標價由9元下調至8.6元,評級為「中性」。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.