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《大行》高盛降招金(01818.HK)目標價至25元 中績遜預期下調盈測
高盛發表研究報告指,招金礦業(01818.HK)2025年上半年黃金產量較低,拖累期內業績遜預期,撇除減值、公允價值損益及外匯損益等一次性項目影響,上半年經常性淨利潤按年增長103%至13.4億元人民幣。 高盛維持對招金的「買入」評級,憧憬海域礦山於2026至2027年投產,可推動未來產量強勁增長,加上金價維持高企,預測常性淨利潤2024至2028年間年均複合增長率可達到28%。基於今年上半年自產黃金量較低,該行下調2025至2027年經常性盈利預測7%至16%,目標價從27元降至25元。
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