BMO:MP Materials(MP.US)为“美国稀土业冠军”,上调评级至“跑赢大盘”

智通财经
Nov 25

智通财经APP获悉,BMO将MP Materials(MP.US)评级从“与市场一致”上调至“跑赢大盘”,并给予目标价75美元。BMO称赞其与美国国防部达成的具有里程碑意义的协议,其中包括价格下限、融资、有保障的EBITDA和承购量,称这“巩固了MP Materials在美国稀土领域的领军地位”。

BMO分析师Raj Ray写道,在中国暂时解除稀土出口限制后,稀土价格有所回落,但美国稀土供应链的脆弱性显而易见,他认为MP Materials目前的估值为投资者提供了一个颇具吸引力的切入点,以涉足稀土主题。

Ray认为,MP Materials、美国国防部与沙特旗舰矿业公司马登矿业(Maaden)之间的合资企业为MP Materials提供了一个颇具吸引力的机会——计划在沙特打造一座高标准稀土精炼厂,使其能够生产更多的钕镨氧化物,而美国国防部将为MP Materials的开发资本支出提供资金。

BMO 分析师认为,MP Materials目前的重点在于执行其雄心勃勃但又切实可行的增长计划,并指出若能成功推进独立项目产能提升,其市盈率有望进一步扩大;此外,与苹果(AAPL.US)回收合作带来的额外产量,并且与美国国防部的承购协议相比,达成了新的 10 倍承购合同,价格也更为优厚。

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