《大行报告》瑞信升中生制药(01177.HK)目标价至9.05元评级「中性」
瑞信发表报告指,中生制药(01177.HK)肺癌药物安罗替尼(Anlotinib)使用指引扩大有助开启市场潜力,有望成为约2万新肉瘤病患的标准用药,料销售最高可达4.5亿元人民币。加上中生制药为该产品提交多个申请,相信将来可进一步扩大市场潜力。另外,他达拉非片(Tadalafil)及替格瑞洛片(Ticagrelor)已通过生体相等性(BE)试验,相信推出後在销售高峰期,可抢占内地之20%-30%市场份额。
该行上调中生制孳2020年及2021年收入及盈利预测,升2020年收入及盈利预测0.67%及0.6%,2021年收入及盈利预测则上调1.43%及1.34%。料今年上半年纯利可升逾10%,管理层亦指引今年全年盈利增长20%-25%。目标价自8.26元上调至9.05元,评级维持「中性」。
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