FINWIRES · TerminalLIVE
FINWIRES

澳大利亚股市小幅收高;澳大利亚国民银行增加拨备以应对中东冲突的影响

-- 周一收盘时,澳大利亚股市小幅上涨,原因是油价飙升,投资者也在权衡美伊紧张局势升级的影响。 S&P/ASX 200 指数小幅上涨 6.4 点,收于 8,953.30 点。 中东局势紧张升级,美国扣押了一艘伊朗货船,伊朗最高军事指挥部表示将进行报复。两国之间的停火协议将于周二到期。 美国总统特朗普表示,他将派遣特使前往巴基斯坦进行会谈,并称如果伊朗不接受他的条件,他将对伊朗发动新的打击。然而,伊朗国家通讯社报道称,伊朗拒绝与美国进行新的和平谈判。 布伦特原油期货价格上涨 5.7%,至每桶 95.50 美元。 在国内方面,澳新银行表示,预计澳大利亚2025至2026财年的基本现金赤字将与年中经济和财政展望报告基本持平,为370亿澳元,2026至2027财年为360亿澳元,预计到2029至2030财年,赤字占国内生产总值(GDP)的平均比例约为1%。 截至4月6日当周,澳大利亚家庭燃油支出下降3.8%至1.634亿澳元,此前一周下降近18%至1.698亿澳元。 在公司新闻方面,澳大利亚国民银行(ASX:NAB)表示,由于计提拨备以反映中东冲突带来的风险,预计上半年将计提7.06亿澳元的信贷减值准备。前瞻性集体拨备净增加3亿澳元,其中包括为应对可能受燃料供应和成本问题影响的行业潜在压力而增加的2.01亿澳元前瞻性调整。 Viva Energy Group(ASX:VEA)公布,第一季度销量同比增长5.1%至4302兆升,主要得益于商业和工业燃料销量增长7.1%。该公司表示,其位于吉朗的炼油厂通常不采购中东原油。 最后,Worley(ASX:WOR)表示,中东冲突预计将对其2026财年息税摊销前基本收益造成3000万至4000万澳元的负面影响。

Related Articles

Research

Research Alert: CFRA Keeps Buy Opinion On Shares Of The Hartford Insurance Group, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $8 to $155, valuing HIG shares at 11.3x our 2026 operating EPS estimate of $13.75 (cut by $0.45) and at 10.6x our 2027 EPS estimate of $14.65 (cut by $0.30), vs. the shares' one-year average forward multiple of 10.3x and peer average of 13x. Q1 EPS of $3.09 vs. $2.20 a year ago missed our $3.60 estimate and $3.39 consensus view. Operating revenue growth of 6.2% was in line with our 6%-10% forecast, amid 5.3% earned premium growth, 13% higher net investment income, and 7.9% fee revenue growth. Q1 written premium growth of 4% and full-year 2025 growth of 7% bode well for 2026 revenue trends as premiums are earned. Underwriting results improved significantly, with Personal Lines combined ratio improving to 87.7% from 106.1% and underlying combined ratio to 85.0% from 89.7%. Business Insurance combined ratio was stable at 94.8%. Weighing the Q1 EPS miss with HIG's decent top-line growth and discounted valuation to peers, we view the shares as undervalued.

$HIG
Research

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Baker Hughes

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target price by $14 to $82, reflecting a combination of our sum-of-the-parts (SOTP) and DCF models. For our SOTP model, we presume the oilfield services business (about 50% of BKR's franchise) to be valued at about 10x projected 2027 EBITDA (in line with major peers) and its industrial energy technology business (the other 50%) valued at 14x projected 2027 EBITDA (in line with the peer median). This blended approach, yielding a 12x multiple, implies a value of $73 per share. Meanwhile, our DCF model, using medium-term free cash flow growth of 5% per year, terminal growth of 2.5%, discounted at a WACC of 6.3%, yields intrinsic value of $91 per share. We cut our 2026 EPS estimate by $0.47 to $2.48, but we raise 2027's by $0.07 to $3.24. We acknowledge that the oilfield services business is likely to struggle in 2026 owing to the U.S.-Iran conflict, but the IET business appears quite robust and likely to be a source of both accelerating revenue growth and margins.

$BKR
Research

Research Alert: CFRA Maintains Hold Opinion In Shares Of Wab

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target to $285 from $275 following WAB's Q1 earnings print, valuing shares at 24.2x our 2027 EPS outlook of $11.76 (revised from $11.46; 2026 EPS estimate up to $10.57 from $10.50), a slight premium to WAB's long-term historical multiple average given structural improvements in earnings quality. While we are cautious on signs of overcapacity in the freight market, an elevated order backlog (12-month sits at over $9 billion), internal initiatives to shore up margins, and potential synergies from M&A activity positions WAB to continue growing earnings at double-digit rates in 2026-2027, in our view. Despite tariff-related cost pressures, WAB has done a commendable job of defending margins via a mix of pricing, lean manufacturing, and pruning of lower-profit operations. Q1 results were mixed but overall positive, in our view. We maintain our Hold recommendation on shares.

$WAB