《大行報告》瑞信上調兗煤(01171.HK)目標價至12元 評級「跑贏大市」
瑞信發表研究報告指兗煤(01171.HK)首季純利按年增30.2%,符合市場預期,盈利增長主要由煤價和煤化工產品價格帶動,但部份被煤銷量下跌所抵銷,維持「跑贏大市」評級,認為估值吸引、股息收益穩固及擁有健康資產負債表,目標價由9.5元升至12元。
該行指,預期未來煤價仍有上升空間,而煤化工業務強勁亦將繼續支持盈利,調升2021至23年盈利預測分別17%、20%及24%。
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