里昂:升伟易达(0303.HK)评级至“跑输大市” 目标价上调至68港元
里昂发表研究报告指,伟易达(0303.HK)于
美国很大部分的销售,将会受3000亿美元新关税所影响。不过公司已预先交付产品去美国,以减少对2020年度影响,以及亦正扩大马来西亚厂房产能,借着可能加价以抵销2021年度受关税的影响。
报告指管理层维持2020年度相近的收入指引,而该行对其盈测亦大致上维持不变。随着关税影响透明度增加及高股息率,将伟易达目标价由65港元上调至68港元。不过由于见到其核心业务增长势头减弱,故只将评级由“
沽售
”升至“
跑输大市
”。
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