-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下：我们假设AA公司2027年EBITDA的EV/EBITDA倍数为6.5倍，将12个月目标价上调7美元至75美元。这一倍数低于AA公司过去三年平均预期EV/EBITDA倍数6.7倍，这是由于232条款关税对AA公司成本基础构成不利影响。我们将2026年每股收益预期上调2.97美元至7.78美元，并将2027年每股收益预期上调0.57美元至6.12美元。AA公司受益于中东冲突带来的有利铝供需环境，这场冲突导致约250万吨年冶炼产能停产，并推高了伦敦金属交易所（LME）铝价至每吨3600美元以上。 AA的战略优势包括对现货电力市场的依赖程度极低（不足1%），以及客户为替代中东供应而对增值产品的需求不断增长。然而，氧化铝业务正面临API价格疲软和能源成本高企带来的利润压力。凭借14亿美元的现金储备和正在进行的债务削减计划，AA已做好充分准备，在应对氧化铝业务逆风的同时，从持续紧张的铝市场中获益。
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Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
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