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《大行報告》匯豐研究上調中鋁(02600.HK)目標價至4.7元 評級「減持」
阿思達克 03-08 09:30
匯豐研究發表報告指,在地緣政治緊張局勢升級的推動下,鋁價升至歷史高位、遠高於預期,由於鋁價和鋁股股價已經大幅上漲,認爲目前的鋁股沒有任何上行催化劑,但下行風險非常高,因爲鋁價的大幅下跌可能引發股價回調。該行維持對中國鋁業(02600.HK)「減持」評級,目標價由3.4元上調至至4.7元。 匯豐研究預計,平均鋁價將在2022年而非2021年見頂,這意味着鋁企將能夠有多一年時間享有強勁的現金流。 匯豐研究將倫敦金屬交易所2022年、2023年和2024年的鋁價預測分別上調26%、23%和7%,至每噸3,050美元、2,700美元和2,300美元,2025和2026年的預測不變。因此,該行將2022年和2023年的中國鋁行業盈利預測上調10%至51%。
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