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麦格理：维持万洲国际“跑赢大市”评级 目标价7.4港元

Macquarie: Maintaining Wanzhou International's “Outperform the Market” rating, target price of HK$7.4

新浪港股 ·  Apr 23 04:54

Macquarie released a research report saying that maintaining Wanzhou International's (00288) “outperforming the market” rating, the target price is HK$7.4. The US upstream business has improved. The current price is equivalent to 11 times the projected price-earnings ratio for the 2024 fiscal year, and the cash dividend ratio has reached 5.5%. The company's operating profit for the first quarter increased 37% year on year, 3.4% higher than the bank's forecast. US business profit increased strongly 2.08 times, offsetting the impact of a 10% drop in operating profit from the Chinese business. The company is confident that the US upstream business will achieve profits in the second and third quarters of this year, and it is expected that the profit of the Chinese business will achieve positive growth throughout the year.

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