大行評級|大和:首次覆蓋洛陽鉬業 予其“買入”評級及目標價9.4港元
大和發表報吿,首次覆蓋洛陽鉬業,給予“買入”評級,目標價為9.4港元。該行認為,洛鉬現時是本土第二大銅礦商,隨着產量提升,有望晉身成為全球十大,並受惠於具競爭力的現金成本。公司由多元礦商逐漸趨向銅礦,銅相關毛利提升,但洛鉬相較紫金等同業仍被低估,相信具吸引力的增長及競爭力優勢會逐步被確認,並被投資者重評為全球銅業領導者。
大和指,公司第二季度盈利將會反映銅價在4月至5月的升幅,市場估計美聯儲今年後期至明年初開始減息,或會刺激銅價上升,並推動洛鉬股價表現。
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