野村维持长汽(2333.HK)“减持”评级目标价3.4港元
野村发表研究报告指,长城汽车(2333.HK)上半年虽发盈警,但业绩符合预期。该行又指,长汽重申全年度的销售目标按年增长2%,意味下半年销售量按年轻微下跌,不符合野村预期改善的景况。该行维持其H股“减持”投资评级,目标价3.4港元不变。
野村表示,虽然减价短暂刺激了上半年销量,但相信长汽日后将面对销量低于预期和盈利能力下降之两刃剑。长期而言,野村亦关注长汽现有和新产品定价范围太窄,以致有时出现重叠情况的问题。长汽高端产品线WEY正失去销售动力,但定位在WEY及哈弗H系之间的全新哈弗F后,却令投资者无意欲升级至WEY。
野村在车股中继续看好吉利(0175.HK)及广汽(2238.HK),予吉利及广汽H“买入”评级。
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