中原證券:電氣設備需求預計整體向好 建議關注電氣設備板塊龍頭
中原證券研報稱,6月PMI仍處於收縮區間,傳統制造業進入季節性淡季,企業生產意願下降,導致被動累庫,產銷不暢;PPI同比降幅有所收窄,下降趨勢有所緩和,顯示出一定的積極變化。需求方面,未來外部環境存在不穩定性,但是全球範圍內新能源及電網升級改造需求帶動電氣設備進入需求上行週期,出口保持樂觀,國內電網建設尤其是特高壓建設迎來加速期,電氣設備需求預計整體向好。成本端,大宗商品價格下行,對電氣設備價格形成一定壓力,同時也降低了電氣設備生產成本,企業利潤後續或有所修復。電力設備板塊估值偏低局面或得到修復。建議關注電氣設備板塊龍頭企業。
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