《大行》花旗降玖纸(02689.HK)目标价至3.7元 维持“中性”评级

阿斯达克财经
11 Dec 2024

花旗发表报告指出,内地最新宣布的刺激措施尚未能改善玖龙纸业(02689.HK) 的盈利能力,因此该行维持对玖纸的盈利预测不变,但将其目标价由4.3元下调至3.7元,相当于预测今年市账率0.35倍,因认为目前环境下盈利改善的机会有限。

此外,该行预期内地四大纸企在盈利能力较低下仍会继续扩大产能,因在政府财政收入下降的情况下,公司在中国的省份或市更易获得许可证。该行维持对玖纸及理文造纸(02314.HK) 的“中性”评级。(jl/w)(港股报价延迟最少十五分钟。沽空资料截至 2024-12-10 16:25。)

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