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《大行報告》瑞信上調聯通(00762.HK)目標價至7.5元 評級「跑贏大市」
阿思達克 03-10 10:39
瑞信發表研究報告,指聯通(00762.HK)去年總收入、服務收入及EBITDA均大致符合該行及市場預期,全年收入錄得九年以來最高增長(8.3%),EBITDA及純利亦達到上市以來新高,按年升3%及16.5%。 期內工業互聯網收入按年增長29%至705億元人民幣,為總收入貢獻逾22%,佔比創新高;而傳統的移動及寬帶業務則保持穩定。瑞信預計,雲端和大數據業務將成為公司未來的主要增長動力。 該行將聯通今年每股盈利預測下調7%,並將2024至2025年每股盈利預測上調5%,以反映工業互聯網收入貢獻提升,目標價由4.9元上調至7.5元,由於基本面改善,以及估值與股息回報具吸引力,維持「跑贏大市」評級。
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