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瑞信升东风(0489.HK)目标价至9港元料7月销售或回复双位数增长
格隆汇 07-24 12:24

瑞信发表报告表示,东风集团(00489.HK)7月首三星期乘用车批发量按年增长14%,为东风过去十二个月以来首次录得正增长,并跑赢市场表现,对比市场整体首三周录得6%按年跌幅,而该行料东风於7月销售数字将录得双位数增长,料市场将会上调对其估值预测。

该行指,内地乘用车协会料7月及8月市场乘用车批发将按年下降分别0.9%及1.6%,就公司7月首三周录得增长,显示情况将自4月至6月之劣势後得到改善,对比今年4月、5月及6月分别录得18.2%、16.6%及7.1%按年倒退。

基於销售数字改善,该行决定上调对东风集团于2019年至2021年盈测4.4%、5.4%及5.7%,分别至1.49、1.51及1.54元人民币,目标价相应自8.2港元上调至9港元,维持“跑赢大市”评级。

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