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《大行報告》裏昂下調聯塑(02128.HK)目標價至12元 評級「買入」
阿思達克 03-31 15:49
裏昂發表報告指,中國聯塑(02128.HK)去年核心盈利爲19.2億元人民幣,按年下跌46.8%,遜於該行已較市場爲低的預期。 該行表示,內地房地產市場放緩令集團的管道銷量低於預期,且減值飆升,同時亦因未能及時轉嫁成本令毛利率遜預期。 裏昂下調中國聯塑股份目標價,由17元降至12元,評級維持「買入」,並調低集團今明兩年核心盈利預測分別17.9%及15.4%,以反映管道銷量及毛利率下降的預期。
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