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研報掘金丨華泰證券:維持魯西化工“買入”評級,目標價13.91元
格隆匯 01-03 16:36
華泰證券研報指出,24Q4以來,丁醇/辛醇/PA6等產品價格下行,魯西化工(000830.SZ)其餘主營產品景氣亦有承壓。考慮公司具備一體化生產和規模優勢,新產能逐步放量有望兑現業績成長性,維持“買入”評級,目標價13.91元。24年以來,公司40萬噸/年有機硅單體項目投產,60萬噸/年己內酰胺·尼龍6項目一期順利投產,30萬噸/年雙氧水裝置全部恢復生產,並且乙烯下游(二期)、丙酸等在建項目進展順利。公司立足於上游原料並着重發展化工新材料,伴隨新增產能落地並在25年逐步放量,公司規模優勢鞏固,業績有望兑現成長性。
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