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《大行报告》瑞银升赣锋锂业(01772.HK)评级至「中性」 目标价上调至69元
阿思达克 12-07 10:05
瑞银发表报告指,随着提升对全球锂市场的长期展望,上调对赣锋锂业(01772.HK)股份评级,由「沽售」升至「中性」,以反映锂产品销售均价及销量增长的预测,目标价亦由34.6元调升近一倍至69元。

报告指出,即使假设所有已知锂项目将成功走向市场,急遽上升的需求将构成未来十年供应缺口;瑞银相应上调未来五年锂价预测介乎10%至25%。该行上调全球新能源车渗透率预测,2025年及2030年分别升至17%及40%,预期此将使锂需求至2030年增加七倍以上,由今年的30.5万吨增至2030年的260万吨,估计未来十年锂需求的年均复合增长率为24%。

基於新能源车明年的海外前景更佳,特别是欧洲市场,瑞银上调赣锋锂业的氢氧化锂产出预测11%至6.1万吨,估计将贡献集团明年收入58%,计及合营投资收入增加等因素,该行调升集团明年及2022年盈利预测分别2%及6%。

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