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《大行報告》摩通:風電股首選龍源(00916.HK) 太陽能股看好信義能源(03868.HK)
摩根大通發表研究報告指,受到高基數效應所影響,今年首季風電利用小時數錄得按年下跌,令覆蓋的風電股首季盈利下降23%至28%,預期基數效應影響將在第二季以後緩和。 該行認爲,龍源電力(00916.HK)可受惠於補貼回收速度改善及資產注入等催化劑,列龍源爲首選,維持「增持」評級,但基於產能利用率下降趨勢,將2022至2024年盈利預測下調6%至8%,目標價由24.05元下調至23.1元;其次看好大唐新能源(01798.HK),同樣維持「增持」評級,目標價由4.15元下調至3.85元。 疫情下建設及出貨延遲,廠房需要更多時間來增加產能,導致多晶矽供應維持緊張,摩通預期情況將持續至第二甚至第三季。 摩通建議投資者揀選具中期增長能力的企業,指出年初至今太陽能股表現普遍跑輸大市,除隆基綠能(601012.SH)及福斯特應用材料(603806.SH)外,亦看好信義能源(03868.HK),評級「增持」,將2022至2024年盈利預測下調1%,目標價由6.1元下調至5.9元。
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