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《大行》花旗料江銅(00358.HK)或受惠於硫酸價格強勁 降目標價至49.5元續籲「買入 」
花旗發表研究報告,對今年銅價及金價的基準預測為每噸12,375美元及每安士4,775美元。若銅價或金價較基準上升10%,該行料江銅(00358.HK)今年淨利潤將分別按年增長8%及3%。此外,該行對今年硫酸價格基準預測為每噸1,255元人民幣,假設硫酸價格較基準升一成,該行估計江銅今年的淨利潤將增長5%。計及公司指引,該行將江銅今明兩年的盈利預測各下調8%及...
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《大行》花旗料江銅(00358.HK)或受惠於硫酸價格強勁 降目標價至49.5元續籲「買入 」
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花旗發表研究報告,對今年銅價及金價的基準預測為每噸12,375美元及每安士4,775美元。若銅價或金價較基準上升10%,該行料江銅(00358.HK)  -0.540 (-1.448%)    Short selling $15.09M; Ratio 12.153%   今年淨利潤將分別按年增長8%及3%。此外,該行對今年硫酸價格基準預測為每噸1,255元人民幣,假設硫酸價格較基準升一成,該行估計江銅今年的淨利潤將增長5%。

計及公司指引,該行將江銅今明兩年的盈利預測各下調8%及3%,至128億與127億美元。不過,考慮到所得稅率假設提高,該行將江銅港股目標價由54.1港元下調至49.5港元,江銅(600362.SH)  -0.460 (-1.027%)   A股目標價亦由64.8元下調至58.1元人民幣。目前股份估值仍具吸引力,維持「買入」評級。

該行認為,受惠於強勁的硫酸價格,以及佔比較高且價格較優的長期粗煉及精煉銅(TC/RC)合約,該行預期公司的冶煉業務將保持盈利。若中東衝突持續,公司將受惠於強勁的硫酸價格。(ss/j)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-28 12:25.) (A Shares quote is delayed for at least 15 mins.)

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