《大行報告》瑞信上調東風(00489.HK)目標價至12.8元 全年利潤指引勝預期
瑞信發表報告指,東風集團(00489.HK)對今年年淨利潤指引為102.2億至110億元人民幣(下同),高於市場原預期9-17%,並反映其今年第四季淨利將介乎24億至32億元,按年增長159至244%。
該行認為,東風集團今年第四季指引強勁,主要因為公司10月份銷量增長強勁,按年升達一成,加上產品組合改善,利潤較高的Honda及重型貨車等表現繼續號贏,10月份銷量分別按年增長20%及31%。
瑞信料,東風集團股價將有正面反應,加上該行將公司2020至2022年每股經調整盈利預測各升9.6%、1.5%及4.1%,以反映較高的收入及利潤估算,目標價由11.8港元升至12.8港元,維持「跑贏大市」評級。該行稱,予東風目標價意味其相對其他在港上市的車企有較大的潛在上行空間,並為該行內地汽車行業中的首選。(el/w) ~
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