《大行報告》大摩下調恆安(01044.HK)目標價至51元 評級「與大市同步」
摩根士丹利發表研報指,恆安國際(01044.HK)管理層透露上半年紙巾及女性護理產品市場折扣可能較該行原先預期大,因此將2021至2023年每股盈利預測下調至3.15、3.18及3.59元人民幣。
該行認爲,雖然原材料上升週期可能緩和價格競爭,但由於總體需求沒有顯着回升,利潤率壓力仍然存在。大摩預期女性護理用品上半年銷售額將下跌7%,紙巾業務下跌12%,整體銷售額料下跌5%,經營溢利料跌22%。
大摩維持予恆安「與大市同步」評級,因應盈利預測下調,將目標價由57元降至51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.