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《大行報告》匯豐研究下調東方海外(00316.HK)評級至「減持」 削目標價至90元
阿思達克 05-25 14:43
匯豐研究發表研報指,東方海外(00316.HK)3月底宣派股息每股35元,已於日前除淨,除淨後採納國際會計準則的淨現金為60億美元,即每股為約72元,料可為2023至2025年資本開支提供資金。 該行指出,貿易前景疲軟拖累運費表現,集裝箱運價5月以來穩步回落,預期是由於市場需求疲軟及集裝箱貿易量低迷所致,第三季傳統旺季或受影響。 匯豐研究預計東方海外今年全年淨利潤將按年下跌92%,達到7.92億美元,並在明年進一步下降5%至7.56億美元,但預期仍高於2019年水平。 該行指,東方海外股價年初至今上漲約7%,考慮到未來行業較為艱難,認為目前估值與同業相比偏貴,將目標價由125元下調至90元,評級由「持有」降至「減持」。
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