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《大行》瑞銀升中海油服(02883.HK)目標價至10.8元 鑽井業務顯着改善
瑞銀研究報告表示,中海油田服務(02883.HK)(601808.SH)今年上半年淨利潤爲19.64億元人民幣(年增23%),收入爲233億元人民幣(年增3.5%),表現符合預期。 瑞銀表示,中海油服國內業務將保持穩定;海外鑽井平臺合同已籤至2027至2030年,海外日租率可能保持強勢。中長期來看,公司正在設計完全國產化的鑽井平臺,並尋求低成本策略以應對低油價環境。 油井服務上,瑞銀引述中海油服管理層表示,收入下降是由於短期中斷造成。該行未來增長將由技術進步推動,但增長將保持穩定。 瑞銀略微上調2025至27年盈利預測1-2%,在更新估值並基於現金流折現法將目標價從9.8港元上調至10.8港元,評級「買入」 。
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