《大行報告》大和降贛鋒鋰業(01772.HK)目標價至29.5元 評級「跑贏大市」
大和發表研究報告,預期今年全球鋰市場重心將放在去產能及供應上,預測今年全球鋰供需量達到123.4萬至126.5萬噸,較去年的97萬至97.5萬噸增加,去年及今年的供應過剩預計將持續到2025年,今年供應風險大於15萬噸,因此看好不太可能受到減產的影響且成本較低的鋰企業。
大和表示,在產業中較看好鋰資源多於其他電池材料,重申對贛鋒鋰業(01772.HK)的「跑贏大市」的評級,目標價從60元下調至29.5元。同時大和亦重申對天齊鋰業(09696.HK)的「跑輸大市」評級,目標價則從31元上調至34元。
該行指,與2019至2020年行業尋底情況不同,今次減產並未伴隨著需求上升,因此目前未見到對鋰擁有長期增長前景。
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