《大行报告》美银美林降中车(01766.HK)目标价至7.5元 评级「买入」
美银美林发表报告表示,中国中车(01766.HK)今年上半年纯利升16%,核心盈利升25%胜预期,主因行政费用下降,期内收入升12.8%,主因高铁轨道业务销售及付运量上升,及动车组维修收入增加,而毛利跌0.9个百分点。
该行预期,中国中车今明两年纯利每年按年增长10%,核心盈利升26%及6.5%,预期机车需求会於明年复苏,动车维修收入亦会继续有增长,重申「买入」评级,但下调对其目标价降10%,由8.3元降至7.5元,基於未来盈利增长将会放缓。
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