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《大行报告》大摩上调裕元(00551.HK)目标价至15.5元 评级「与大市同步」
阿思达克 11-16 10:25
大摩发表研究报告将裕元(00551.HK)目标价由13.5元,升至15.5元,评级「与大市同步」。

该行指,公司与其他服饰代工厂一样,在第四季起见订单复苏,因顾客补货需求增加。其中鞋类增长较服饰为慢,但相信裕元短期内最坏情况已过,随着订单和收入改善,未来行业将有重估的机会。

该行又指,在制造业务方面,公司的复苏由运动类转至休闲及户外类别,故对第四季订单审慎乐观,料按季有明显增长,但均价因大众市场订单增长而下跌。对明年展望仍然感不确定性,认为目前估值合理。

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