《大行报告》摩通下调北京汽车(1958.HK)目标价至5.3元 评级「中性」
摩根大通发表报告指,北京汽车(1958.HK)上半年业绩表现逊於该行预期10%,意味第二季表现差於预期近20%,相信主要由於现代合营出乎意料的录得亏损、自有品牌业务继续录具规模的亏损,及平治合营的盈利放缓。
该行下调对北京汽车今明两年的盈利预测分别20%及19%,以反映上半年表现逊预期,及对集团两间合营的最新看法,股份目标价则由6.5元降至5.3元,评级维持「中性」。摩通估计,北汽未来数年自有品牌仍会录得一定规模的亏损。
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