大摩:維持吉利(0175.HK)“與大市同步”評級 目標價14港元
摩根士丹利發表研究報告指出,吉利汽車(0175.HK)將今年年的銷量目標定於141萬部的保守水平,即按年增加4%,比市場預期為低,雖然大摩對今年中國汽車市場的前景持正面看法,但認吉利將面對來自合營公司品牌(尤其是日本品牌)的市場競爭,從而令本地汽車品牌的市佔率受到威脅。大摩維持吉利“與大市同步”的投資評級,目標價為14港元,即較前收市價15.44港元,仍有下跌9%的空間。
吉利昨日公佈,集團去年12月總銷量約13萬部,全年之總銷量約136.16萬部,較去年同期減少約9.28%,但超越全年銷量目標136萬部。集團大部分車型的銷量保持穩定。
吉利董事會表示,鑑於市況不明朗,初步將集團2020年的銷量目標定141萬部之保守水平,較去年所實現之總銷量增長約4%。大摩認為上述保守的目標,可能令市場失望。

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