中金:上调中烟香港(06055.HK)评级至跑赢行业 升目标价至43港元

智通财经
Aug 26, 2025
【中金:上调中烟香港(06055.HK)评级至跑赢行业 升目标价至43港元】智通财经APP获悉,中金发布研报称,基于烟叶进出口业务成长势头,上调中烟香港(06055.HK)2025/26年归母净利润5%/8%至9.8/10.9亿港元,现价对应2025/26年27/24倍P/E。考虑公司作为中国烟草独家境外资本运作平台的稀缺价值、内生+外延成长空间,上调公司评级至跑赢行业。基于盈利预测及市场风险偏好调整,上调目标价37%至43港元,对应2025/26年30/27倍P/E,较当前股价有13%上行空间。该行认为公司作为中国烟草独家境外资本运作平台的稀缺价值凸显,烟草需求韧性护航及外延成长下中长期空间广阔。

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