瑞银下调潍柴(2338.HK)目标价至13.6港元评级“中性”
瑞银发表研究报告,预期潍柴(02338.HK)上半年纯利升20%至53亿元人民币,相等于全年预期的60%,预期第二季纯利27亿元人民币,与上季大致持平,按年升8%,似乎目前市场已反映上半年表现。

该行指,上半年重型货车行业销售66万部,按年大致持平,但明显高於预期,公司市占率亦于上半年扩张,在中型及重型引擎销售升10%,相信是因公司的产品符合建筑相关、及有天然气引擎的优势(次季需求强劲)。
该行又指,7月份是重型货车的销售淡季,当中包括因重型货车的注册受限、贸易需求减退,预期重型货车需要至第四季以後才会复苏,维持潍柴“中性”评级,升2019-20年盈利4%及2%,降2021-23年盈利4-6%,目标价由14.6港元降至13.6港元。
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