-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下:我們將12個月目標價從76美元上調至88美元,相當於2027年每股收益5.83美元(先前為4.91美元)的約15倍;2026年每股收益也從4.23美元上調至4.65美元。這一倍數略高於該公司14倍的長期平均。我們上調的預期和目標價反映了該公司2026年的強勁開局,預計未來幾季獲利將持續成長,這主要得益於強勁的壓榨利潤率(近期生物燃料政策的明朗化)、更高的乙醇利潤率以及穩健的出口需求,尤其是來自中國的需求。此外,在良好的畜牧業基本面和全球強勁的蛋白質需求的支撐下,豆粕業務也呈現強勁成長。由於香精(如天然色素)銷售強勁,以及迪凱特東部工廠投產後效率提升,ADM的營養品業務也呈現強勁復甦態勢。 ADM股票今年以來表現突出,我們預期其股價仍有上漲空間。
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