大摩:料吉利(00175.HK)9月銷售或勝預期 升目標價至8港元
摩根士丹利發表報告表示,據其透過行業渠道與代理商瞭解,吉利(00175.HK)於9月份最後一週銷售明顯回升,並估計公司於9月份批發銷售按年或回覆正增長。而代理商於國慶黃金週期間引入新的折扣,料可刺激銷售表現。
該行指,吉利於今年4月至8月銷售按年下滑19%至29%,銷售增長跑輸市場,但相信吉利未來月度銷售增長會優於市場,主要是2018年第四季基數較低。
大摩表示,重申對吉利“減持”投資評級,目標價由5港元上調至8港元,此相當預測今年市盈率7.2倍。該行同時調高對吉利於預測2019年至2021年純利預測各29%、35%及39%。
該行料吉利長遠銷售仍會承壓,因要面對來自中日合營汽車的競爭,特別是吉利旗下領克(Lynk)及星越等車型,仍料公司於2020年至2021年銷售輕微下滑。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.