花旗下调玖纸(2689.HK)评级至“中性”降目标价34%至7.5港元
花旗发表研究报告下调玖龙纸业(2689.HK)的评级至“中性”,并将目标价降低34%至7.5港元,预料今年上半年箱板纸需求低于预期,将令其毛利受压,而且暂时仍未见到需求有复苏迹象。
花旗报告预计,玖纸2019财年下半年核心盈利将按年下降59%,上半年降幅44%;决定将公司2019-2021财年的盈利预测下调20%-21%。
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