《大行報告》花旗下調五礦資源(01208.HK)目標價至4.8元 評級「買入」
花旗發表的研究報告指,微調了針對五礦資源(01208.HK)的計算以反映公司去年業績及首季生產報告,並反映了最近的配股計劃等,將目標價由5.1元降至4.8元,以反映潛在股份攤薄的影響,維持「買入」評級。
該行估計秘魯的總統選舉短期將成公司的主要催化劑,次輪選舉將在6月6日舉行,據《路透》報道,左翼自由秘魯黨成員Pedro Castillo在5月曾指,假如當選將重新審視與外國礦商的合約,確保有七成的企業盈利可留在國內,料相關因素將為五礦資源帶來下行,因為旗下有礦場位於秘魯,不過銅價表現短期或會帶來上行。
該行將公司2021至2022年盈利預測升38%及1%,以反映對銅今年平均銷售單價估算提升,而該行對其盈利預測分別較市場高21%及8%。
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