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《大行報告》花旗上調中國建材(03323.HK)目標價至17元 評級「買入」
花旗發表報告指,儘管去年第三季開始中國水泥需求非常疲弱,主因煤價上升,及近期疫情影響導致封城。不過,由於行業的自我紀律,水泥生產商仍將每噸毛利控制在去年水平。 基於近期的封城對核心華東市場造成新一輪需求破壞,該行預料政府需在今年餘下時間加強政策刺激,以維持增長目標。而此將支持整體商品需求,估計水泥會是主要受惠對象。 花旗上調中國建材(03323.HK)股份目標價,由16.5元升至17元,評級維持「買入」,重申為材料股首選,並啟動對集團的90日正面催化劑觀察。(ek/k) ~
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