Macquarie Sinopec target price rose to 7.1 yuan to outperform rating 步步高i606

Macquarie: Sinopec target price rose to 7.1 yuan to outperform rating hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client Sina App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference is worthwhile to invest in Hong Kong stocks? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Macquarie report, Sinopec (00386) chemical business almost exclusively in naphtha (naphtha) as the raw materials, the product mix in 18% to 24% for ethylene, synthetic resin, synthetic fiber, 16% to 42% as the basic organic chemical raw materials, the overall business gross profit since the second half of 2014 to improve 70%, the price per ton the $210 level, mainly by the drop in oil prices and demand stable support. Macquarie said, although the naphtha downside risk can be expected to expand, but non ethylene product gross margin improvement completely offset, so the comprehensive chemical business gross margin will remain stable, is expected to 2017 in 2018 and maintained at the level of $210 per ton. In addition, the expected chemical business accounted for about 30% of EBITDA group in 2017, the bank raised the group from 2017 to 2018 EBITDA forecast 7%, to reflect the gross profit of non ethylene product improvement, H target price from 6.6 yuan to 7.1 yuan, rating of outperform". Enter the Sina financial stocks] discussion相关的主题文章: