《大行報告》高盛升中石油及中石化目標價各至6.5元及5.1元 降中海油目標價至14.2元
高盛發表研究報告指,在去年度業績發布後更新對「三桶油」的盈利預測,並將中石油(00857.HK)視為油價80美元以上的長期看好選擇,預測油價趨勢將持續到2025年,隨著油價每桶在80美元上方徘徊時間更長,在強勁現金流轉化派息增加及潛在股份回購的預期下,其估值亦將提升。
該行維持中石油「買入」(「確信買入」名單)評級,目標價由5.8元提升至6.5元,認指去年淨現金水平強於預期及淨負債減少。
高盛維持中海油(00883.HK)「買入」評級,但將目標價從15.1元降至14.2元,仍看好公司股息回報達雙位數。至於中石化(00386.HK),高盛將目標價由4.4元上調至5.1元,評級為「中性」。高盛預期中石化的煉油利潤將迎來挑戰,較為看好業務覆蓋偏上游的中石油及中海油。
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