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大摩料北汽(1958.HK)上半年盈利下跌降目标价至6.5港元评级“增持”
格隆汇 07-19 16:01

摩根士丹利发表研究报告,预期北京汽车(1958.HK)今年上半年净利润或按年下跌30%至20亿元人民币,主要受累品牌“北京现代”上半年销售下跌。大摩考虑到“北京现代”或录亏损及“北京奔驰”毛利率较保守等因素,将北汽目标价由8港元下调18.75%至6.5港元,但维持“增持”评级。

大摩指,在艰巨的市场环境下,北京现代上半年销售下跌约27%,料亏损约10亿元人民币,并预期产品价格及销售继续受压。

大摩又表示,虽然北汽本地品牌销售按年跌57.2%,但相信公司出售北京顺义的厂房予北京奔驰有助舒缓成本压力,料来自北京汽车的亏损将持平于30亿元人民币左右的水平。

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