大摩:昇華晨(1114.HK)目標價至13港元 維持吉利(0175.HK)“與大市同步”評級
摩根士丹利近日發表報告,重申對內地汽車行業明年正面的看法,維持明年增長介乎1至2%預測,料明年可受惠換車需求,兼且部份汽車產品由今年延至明年推出,該行持續喜歡豪華車型及日本品牌車企,並指中資汽車股於今年第三季盈利能力持續改善。
該行表示,基於華晨中國(01114.HK)旗下合營於上季銷售優預期,決定上調對華晨於2019年至2021年純利預測各11%、9%及8%,反映寶馬合營盈利能力較預期理想,對華晨中國目標價調高8%至13元,併為該行在內地汽車行業的首選股,維持“增持”評級。

大摩維持對吉利汽車(00175.HK)“與大市同步”投資評級,雖然公司銷售增長持續復甦,但料明年面對競爭仍然劇烈,尤其來自日本品牌,但基於對其銷量預測較高,目標價上調12%至14港元,同時上調其2019年至2021年純利預測各2%、7%及12%。
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