topandroidcryptogames| Big Bank Rating| UBS: raises earnings forecast for copper and aluminum-related stocks this year and next
UBS releases reporttopandroidcryptogames, raised the earnings forecast for copper and aluminum-related stocks this year and next, with Luo Mo raising by 15% each, Zijin Mining raising by 12% and 15%, Jiangtong raising by 10% and 1%, China Hongqiao raising by 20% and 18%, Chinalco raising by 21% and 13%, reflecting the positive operating indicators of the relevant companies in the first quarter and the market price of non-ferrous metals. The bank raised its target price for copper-related stocks by approximately 20%, reflecting the increased profit forecast and target enterprise value ratio due to improved fundamentals. After changing its valuation of aluminum stocks from price-to-book ratio and return on equity to market profit, the bank raised its target price for relevant shares by 30% to 40%, and Zijin Mining's target price from HK$18 to 22.topandroidcryptogamesHong Kong dollars..3, Luo Mo's target price was raised from HK$7.8 to HK$9.6, Chinalco's target price was raised from HK$5 to HK$6.6, and China Hongqiao's target price was raised from HK$9.5 to HK$13, all maintaining a "buy" rating. Jiangtong's target price was raised from HK$13.6 to HK$18.2, maintaining a "neutral" rating.
2024-05-16 14:44:45
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