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《大行報告》大摩上調信義玻璃(00868.HK)目標價至27元 評級「增持」
阿思達克 03-11 09:53
摩根士丹利發表研究報告指,玻璃行業需求健康,供應有限度增加,令價格保持健康增長勢頭,預期將繼續支持信義玻璃(00868.HK)利潤增長。

報告指,浮法玻璃的供應仍受控,只有通過產能置換才能推出新產能,產能增加及健康的需求下,浮法玻璃價格得到良好支持,預期今年新產能受限,淨增加量下降至2,050t/d,按年僅增長1.3%。與此同時,今年內地住宅新落成量預期按年增長5%,帶動玻璃需求上升。

該行預期,售價及銷量提升將支持信義玻璃近期的利潤增長,現價相當於未來一年預測市盈率10.2倍,維持「增持」評級,目標價由21.3元上調至27元。

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