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《大行報告》瑞信上調中鋁(02600.HK)目標價至5元 評級「跑贏大市」
阿思達克 04-09 10:27
瑞信發表的研究報告指,中國鋁業(02600.HK)首季初步業績勝預期,料淨利潤將按年大增至9.67億元人民幣(下同),撇除一次性項目影響淨利則升至13億元,認為盈利顯著增長主要受惠鋁利潤較高,同時公司成本管控亦見效,有利支撐盈利增長。

該行指出受惠正面供需關係,鋁現金利潤創十年高,而今年首季平均鋁價升22.3%至每噸1.62萬元,長遠而言估計因需求穩健及產能有限,對鋁價看法維持正面。

該行將公司2021至2023年盈利預測分別升47.1%、52.6%及30.4%,以反映鋁利潤預測提升,將目標價由4.5元升至5元,評級維持「跑贏大市」。

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