《大行报告》花旗下调信义光能(00968.HK)目标价至11.5元 评级「中性」
花旗发表报告,重申信义光能(00968.HK)评级「中性」,同时下调其2021年至2023年盈利预测18%至51%,目标价相应自15元下调23%至11.5元,以反映太阳能玻璃销售价格下降,预计今年3.2mm玻璃价格自每平方米31.29元人民币降至28元人民币,另外预测今年2mm玻璃价格自每平方米28元人民币降至22元人民币,明年则料自每平方米22元人民币降至18元人民币。
除价格下降外,该行料中国太阳能玻璃下行周期仍未见底,须待效能较低的企业离开市场,及一些增加产能的计划取消或延期。由於现时太阳能玻璃价格跌势仅为期两个月,仍未见有增产计划取消。
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