高盛:维持广汽(2238.HK)11.34港元 重申“确信买入”名单
高盛发表报告表示,广汽集团(2238.HK)
股价自其公布中期业绩后累跌9%(对比国指同期跌2%),该行认为广汽股价调整是其今年上半年核心盈利按年回落51%,及旗下“
广汽传祺
”批发销售低于行业(按年跌30%)所致,但指股价调整后目前正提供吸引投资机会。
该行认为,广汽迎来两大催化剂,第一是需求改善,料内地汽车行业需求在未来三个季度,将优于过去的三个季,内地乘用车联会料8月零售销量按年下滑6%至163万辆,指对该行全年销量预测属正面惊喜。第二是供应改善,广汽将会推售新一代的GS4(广汽传祺销售产品)、新一代轿车(GA6, AION S)。
高盛重申对广汽集团“
买入
”投资评级(“
确信买入
”名单),维持未来12个月目标价11.34港元,此相当预测2020年市盈率7倍。
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