里昂发表报告指出，国家农业部与六部门联合印发《关于促进肉牛奶牛生产稳定发展的通知》，该行认为有关《通知》旨在支持上游牧场渡过产业低迷时期，主要由于2022年以来原奶价格下跌，以及目前约80%的上游牧场出现净亏损。
该行强调，《通知》试图刺激乳制品消费，不仅可在短期内提振下游企业的销售，亦有效改善目前原奶供需失衡的情况。
此外，由于目前消费券的具体细节未明，因此该行难以判断相关政策对下游企业销售的影响，但认为是对乳业股的正面催化剂，亦是近来提振市场情绪的利好因素。该行予以蒙牛(02319.HK) 、伊利股份(600887.SH) 及现代牧业(01117.HK) “跑赢大市”评级。该行看好蒙牛下半年增长持续，因其股息分派及持续回购股份，且估值不高，对其目标价19.4元。该行另予现代牧业目标价1元。(jl/w)(港股报价延迟最少十五分钟。沽空资料截至 2024-09-27 12:25。) (A股报价延迟最少十五分钟。)
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