《大行報告》瑞銀上調明年鋁價預測 升中國宏橋(1378.HK)及中鋁(02600.HK)目標價
瑞銀發表研究報告,更新對鋁市場供需,將2021年鋁需求增長由2.9%升至4.8%,以反映今年的需求強勁,同時升2021年鋁價預測至每噸1.28萬元人民幣,上調明年中國宏橋(01378.HK)及中鋁(02600.HK)每股盈利預期至分別至0.93元及0.09元人民幣,維持「買入」評級,目標價分別由5.02元及2.16元,升至10元及3.66元。
該行指,預期鋁需求今年增長8%,高於全年預期約3%,認為去年鋁需求轉弱是因工業去庫存所致,以及基建和物業完工周期強勁、以及太陽能板的需求增長,預期動力會於2021年持續。
該行表示,2016至18年供給側改革,令新供應受限,鋁工業的產能利用率見改善,令國內市場鋁庫存量偏低,相信在產量維持和高產能利用率下,未來數年鋁供應商盈利能力都可以持續。
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.