《大行报告》摩通上调理文造纸(02314.HK)目标价至7.5元 评级「增持」
摩根大通发表的研究报告指,更新了对理文造纸(02314.HK)的模型并引入2023财年的预测,将公司目标价升7.1%,由7元上调至7.5元,维持「增持」评级。
该行将公司2021财年经调整溢利预测升7.4%至38亿元人民币(下同),但就将2022财年经调整溢利预测降3.2%至37亿元,2021/22财年每吨净利约533港元及497港元,以反映行业资本开支扩张的影响。摩通估计2021及2022财年包装纸平均销售均价将分别升1%及1.2%。
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