Dec 28, 2021 01:29 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 28 - UBS released a research report saying that it raised the rating of Ganfeng lithium industry to "buy", significantly raised the target price from HK $94.5 to HK $182.6, and raised the earnings per share forecast of 73% - 168% in 2021-23 to reflect the updated lithium price forecast. According to the bank's current forecast, the price of lithium carbonate / lithium hydroxide / spodumene will be US $25000 / 25000 / 1800 per ton next year, and it is expected that the improved profit margin of Ganfeng lithium industry this year will be well maintained next year and the following year.