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《大行報告》瑞信降馬鋼(00323.HK)評級至「跑輸大市」 下調目標價至1.9元
阿思達克 01-18 10:36
瑞信發表報告指,雖然扁鋼需求增加,但鐵礦石價格上升令馬鋼(00323.HK)的毛利率不斷下滑。該行預期,工業活動持續復甦將對集團今年下半年的產品銷售有利,不過隨著鐵礦石價格上升,看不到鋼鐵廠盈利有更多的上升潛力,估計鐵礦石價格走高將繼續損害集團的毛利率。

瑞信下調馬鋼股份評級,由「中性」降至「跑輸大市」,目標價由2元下調至1.9元,並調低集團今明兩年盈利預測分別10%及9.5%,以反映鐵礦石成本上漲令毛利率假設削減。

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