《大行报告》摩通降信义光能(00968.HK)评级至「中性」 目标价削42%至11元
摩根大通发表研究报告,指太阳能玻璃自4月初以来累跌18%,跌幅集中於五一假期後发生。该行料多晶矽供应紧张及价格相应上升将压抑其他元件的利润率。考虑今年太阳能玻璃供应趋增,其价格料趋降;然而,降幅亦令该行感惊讶。
考虑最近太阳能玻璃价格走势,该行削信义光能(00968.HK)2021至2023年盈测24%至27%;由於定价压力大於该行原先预期,以及今年余下时间缺乏正面催化剂。下调投资评级由「增持」降至「中性」,目标价由19.1元大幅削42%至11元。
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