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《大行報告》美銀證券上調兗煤(01171.HK)目標價至6元 評級「跑輸大市」
阿思達克 10-27 11:06
美銀證券發表報告指,兗煤(01171.HK)今年首九個月按中國會計準則的純利為56.9億元人民幣,按年下跌19%。第三季純利則為10.9億元人民幣,按年下跌33%,及按季下跌65%,但優於該行預期18%,主要由於有更佳的成本控制,部分是因產出提高。

該行表示,煤價疲弱對集團盈利能力仍有影響,其產品均價於第三季按季下跌了24%,而煤炭分部毛利依然低企,按季下跌1%及按年下跌11%。

為反映真實及最新的價格預測,美銀調升兗煤今明兩年盈利預測分別17%及12%,股份目標價由5.8元上調至6元。由於對海外的動力煤價格展望審慎,加上美元兌人民幣預測疲弱,該行維持集團「跑輸大市」評級。

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