《大行報告》匯豐研究下調新奧能源(02688.HK)目標價至87元 估值吸引評級「買入」
匯豐環球研究發表報告表示,將新奧能源(02688.HK)目標價由100元下調至87元,考慮到股價調整後估值仍具吸引力,維持「買入」評級。該行指,市場信心需要時間恢復,但料新奧能源核心業務仍有可觀增長。
匯豐研究認為新奧能源股價過度調整,自8月24日公布中期業績以來,其股價已下跌27%,差過同行表現,認為股價回調的很大部分原因是市場對其盈利可預測性和財務指引失去信心,例如投資者對上半年天然氣產量不足感到擔憂。該行指,如果剔除液化天然氣貿易,預計新奧能源今明兩年經調整核心利潤增長率為12至18%。
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