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《大行報告》大摩上調玖紙(02689.HK)目標價至15元 評級「與大市同步」
阿思達克 03-09 09:55
摩根士丹利發表報告指,玖龍紙業(02689.HK)大力發展高端產品及紙漿,斥資300億元人民幣,市場反應負面,惟該行認為在未來無塑膠環境的發展下為必要舉措,中國擬於2025年禁止使用一次性塑膠產品,部分地區如海南已率先於今年內實行。相關因素並推高紙漿價格,本年至今價格已上升37%。

該行上調玖紙目標價,自10.3元上調至15元,以反映市場定位改善及長期增長預期,惟擴產能計劃將於短期內推高負債比率,股價或會受壓,評級維持「與大市同步」。

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