銀河國際:維持海螺水泥(0914.HK)“增持”評級 目標價53.5港元
中國銀河國際發佈報告稱,海螺水泥(00914.HK)2019年三季度的水泥和熟料噸毛利約148元人民幣,同比下降7元人民幣。這略為疲弱的表現在很大程度上被水泥和熟料銷量同比增長約10%所抵消。這也反映公司獲得了市場份額,因為全國的增長僅為中高個位數,整體表現維持良好。
該行表示,由於四季度旺季期間建築活動增加,華東和中南部的水泥價格最近有所回升。預計在未來幾周,水泥價格會迎來另一輪上漲,這將是短期內的主要催化劑。
該行表示,將2019財年和2020財年的每股盈利預測上調了3%、4%。並維持其“增持”評級,目標價53.5港元。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.