《大行報告》大摩升中遠海控(01919.HK)目標價至6.5元 評級「減持」
摩根士丹利發表報告指,鑑於中遠海控(01919.HK)2023年的初步業績,及紅海危機期間現貨運費強勢的因素,決定將公司2023年至2025年各年利潤預測分別降14%、升5%和升7%。
另外,由於內地監管機構強調國營企業的市值管理,該行亦將公司2023至2025年的派息比率預測上調至50%。不過若管理層看淡前景及將派息比率降至30%,該行的預測亦可能會面臨下行風險。因此摩根士丹利將中遠海控目標價由6元升至6.5元,評級「減持」。
大摩亦預期,公司2024年至2025年的需求將持續疲弱,同期的新船交付或會增加供應壓力。該行亦指現金分配和潛在價值攤薄投資存在不確定性,可能令淨現金無法支持中遠海控的估值。
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.