《大行》里昂升金力永磁(06680.HK)目標價至25元 上調產品均價預測
里昂發表報告,上調金力永磁(06680.HK)目標價,由20元上調至25元,重申「高度確信跑贏大市」評級。
該行鑑於國內稀土氧化物及合金價格在今首五個月按年上漲11%及10%,調整公司的綜合平均售價假設。現在預測公司今明兩年產品平均售價將分別上漲12%及8%,此前預測為上漲10%及3%。
該行指,貿易緊張凸顯中國製造稀土磁鐵的重要性,稀土價格逐步回升有利領先磁鐵製造商。報告亦引述公司管理層指,上游環境依然非常緊張,中國僅有兩大稀土供應,需增加生產配額配合下游激增需求。該行預計今年國內上游配額及與特斯拉Optimus訂單確認,將在貿易談判解決後公布。
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