《大行報告》摩通升中建材(03323.HK)評級至「增持」 目標價上調至12元
摩根大通發表報告指,內地水泥業最大的憂慮並非行業基本面,而是行業龍頭的估值已大部分回升至新型肺炎疫情前的水平。
該行表示,對中國建材(03323.HK)相對審慎,因對比行業龍頭如海螺水泥(00914.HK)及華潤水泥(01313.HK),中建材今年首季的盈利表現或可能疲弱很多。不過,摩通又相信市場對中建材在今年餘下時間的聚焦,會由憂慮首季表現疲弱,轉移至資產負債表繼續改善,及更重要的是估值便宜。
摩通上調中建材股份評級,由「中性」升至「增持」,目標價由9元上調至12元。
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