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瑞信:升中聯重科(1157.HK)目標價至8.97港元 維持“跑贏大市”評級
格隆匯 01-14 10:57

瑞信發表研究報告,指2020年是另一箇中國建築機械的豐收年,因基建投資增長和持續的更新換代需求,而建屋工程或轉弱,但對機械需求影響仍然較輕微。

該行指,中聯重科(01157.HK)的汽車起重機可以有防守性,因有新一代產品及更多的型號推出,相信作為行業領導有助其維持享有高利潤。雖然挖掘機和AWP類別的競爭加劇,但銷量仍會因低基數而提升。

該行引述管理層指對行業持續的需求和公司的定位有信心,因此升2019-21年收入預期分別1.8%、5.6%及5.7%,目標價由7.51港元升至8.97港元,維持“跑贏大市”評級。

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