《大行報告》瑞信下調中鋁(02600.HK)目標價至7元 評級「跑贏大市」
瑞信發表研究報告,指中國鋁業(02600.HK)2021年淨利潤與初步業績相符,淨利潤按年增長564.6%至51億元人民幣,主要受惠於毛利改善和銷售增長。這意味去年末季錄淨虧損2.28億元人民幣,主因資產減值虧損27億元人民幣。中鋁派息每股3.2分人民幣,派息比率為10.7%。
瑞信預計,全球鋁供應緊張下,鋁價短期內將保持韌性,隨著市場進入旺季,去庫存開始,上周鋁庫存仍呈下降趨勢,將中鋁目標價由7.6元下調至7元,維持「跑贏大市」評級。
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