华泰证券发表研究报告指,中国联塑(02128.HK) 去年纯利低过该行预期,但考虑到公司管道主业在行业下行期间量价相对平稳,盈利能力维持稳定,维持评级“买入”,并考虑到港股流动性较A股偏弱,但地产积极政策持续落地带动市场对于地产链预期改善,延展估值基础,由去年市盈率5.5倍升至预测今年市盈率6倍,目标价相应由3.6港元升至4.36港元。
该行表示,考虑到塑管需求仍边际下行,加上原材料价格处于低位,预计价格战或持续,而且公司债务结构调整偏缓,该行下调今明两年每股预测分别4%及15%,至各67分及74分人民币,并引入2027年预测82分人民币。(vc/da)(港股报价延迟最少十五分钟。沽空资料截至 2025-03-28 16:25。)
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