麦格理下调玖纸(2689.HK)目标价至9港元评级“跑赢大市”
玖纸(02689.HK)发全年盈警,料核心税後利润按年最多跌50%,麦格理发表报告指,意味下半年核心税后利润仅跌58%,好于该行预期6%,亦大致好过投资者预期。该行预计玖纸下半年销售按年跌8%至620万吨。

报告指,目前行业加速整固,长远而言对玖纸发展有利。惟基于均价下跌,降2019年至2021年每股盈利预测34%至35%,目标价相应自10港元下调至9港元,维持“跑赢大市”评级。
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