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《大行報告》花旗升福萊特玻璃(06865.HK)及信義光能(00968.HK)目標價 上調盈測
阿思達克 01-25 14:43
花旗發表研究報告,引述大宗商品數據機構卓創資訊(SCI)指,受惠新增產能快速增長,料今明兩年太陽能玻璃大致供求平衡;SCI料3.2毫米太陽能玻璃均價將由去年的每平方米30.56元人民幣,升至今明兩年分別33.62及33.03元人民幣,價格大致穩定。此外,SCI料行業領導可受惠持續的成本優勢及大體積產品需求增加。該行維持看好福萊特玻璃(06865.HK)及信義光能(00968.HK)作為行業雙頭壟斷者、中期具高產能增長及可持續毛利率。

該行上調福萊特玻璃2022年盈測25%,並上調信義光能2021至2022年盈測4%至17%,主因太陽能玻璃銷售均價上升。該行上調福萊特玻璃H股目標價15%,由37.5元升至43元;另上調信義光能目標價19%,由18.7元升至22.3元,評級均為「買入」。該行偏好福萊特玻璃,具較大盈利增長空間,估值較信義光能呈低水。

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