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《大行報告》美銀證券升海螺水泥(00914.HK)目標價至68元 評級「買入」
阿思達克 04-29 10:55
美銀證券發表報告指,海螺水泥(00914.HK)今年首季業績亮點為產品均價及每噸毛利均有上升,但銷量則下跌20.6%。而公司管理層提到需求穩固,並預期4月的銷量有雙位數增長。至於近期的定價改善,料可使4月的產品均價較3月持平,5月則可有進一步的上升。

該行表示,由於煤炭成本較低,海螺水泥今年整體的單位成本料可走低,而龐大的批發產能亦令首季的生產成本僅溫和上升。

美銀證券上調海螺水泥目標價,由60元升至68元,維持「買入」評級,並上調集團今明兩年盈利預測12%至15%。該行認為,新型肺炎疫情的最壞情況已過,預期海螺水泥在今年第二季至第四季可見持續改善。

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