You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》美銀證券上調中石油(00857.HK)及中石化(00386.HK)目標價 可進一步受惠國企改革
美銀證券發表研究報告,預計受惠於需求和利潤率回升,推動煉油板塊改善,再加上OPEC減產刺激油價回穩,因此將中石油(00857.HK)2023至2025年稅後淨利預測分別上調至1,151.92億、1,209.31億及958.07億元人民幣,相應亦將目標價由4.8元調升至6元。 美銀估計中石油今年首季度盈利將按年跌16%至330億元人民幣,按季比較則增長13%,主要受到布蘭特原油平均價格下跌所拖累,當中有部分被美元升值所抵銷。考慮到原材料成本高企和需求疲軟,預期化工行業利潤率低迷,業務料虧損1.43億元人民幣。 該行又指,中石化(00386.HK)可能有進一步增加派息及股票回購力度,因此亦將目標價上調至6元,預測今年首季盈利將按年跌18%至190億元人民幣。 國資委日前表示鼓勵國有企業通過提高派息或股票回購,為股東提供更多資本回報,而中石油及中石化均有響應。美銀指,中石油及中石化2022財年的股本回報率為 11.3%及8.5%,高於歷史平均水平,相信國企改革趨勢下其市賬率可重新恢復到歷史平均水平。
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.
uSMART
Wealth Growth Made Easy
Open Account