《大行報告》美銀證券升小米(01810.HK)評級至「買入」 料低價5G手機可搶佔市場
美銀證券發表報告,對小米集團(01810.HK)投資評級一舉由原來「跑輸大市」,上調至「買入」,將目標價由9.4元升至14元,此相當預測市盈率24倍,為其歷史平均值,相信公司可在智能手機市場提升份額、其擁強勁的資產負債表及估值低廉。
該行調高小米今明兩年智能手機付運按年增長預測至10%及13%,料其可藉推出低價5G智能手機,從而提升市場份額,該行料小米2020年及2021年智能手機銷量可按年各升13%及16%。該行指,在海外市場上,小米持續從華為贏得市場份額,公司旗下歐洲智能手機市場份額由2018年6%,至2019年第四季已提升至11%。
美銀證券稱,小米集團具強勁資產負債表,料在環球金融危機下該股可跑贏大市。該行上調對小米今年經調整盈利預測1.8%至110.72億元人民幣,並調高對小米明年經調整盈利預測4.8%至144.53億元人民幣,料今明兩年毛利率預測各為14.1%及14.3%。
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