《大行報告》大摩降中化化肥(00297.HK)評級至「與大市同步」 下調目標價至1.19元
摩根士丹利發表報告指,中國重新開放或將促進內地消費和很多行業的下遊需求,包括特種化學品。該行傾向於選擇更多完成披露於房地產項目和消費電子領域的深度折讓股票,包括飛凱材料(300398.SZ)等。
該行提到,隨着化肥價格開始下跌,雖然中化化肥的歷史平均交易倍數高於中海石油化學,但不認爲它應該有實質性的溢價。目標價由1.22元下調至1.19元,由於目前股價已經自去年11月以來反彈逾30%,將評級由「增持」下調至「與大市同步」 。
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