《大行報告》花旗升德昌電機(00179.HK)目標價至27.2元 料全年度業績可勝預期
花旗發表報告指,德昌電機(00179.HK)2021財年第三季未計匯率前的收入按年上升15%,高於該行早前預測的高單位數。若計及匯率,收入為增長18%,主要由於歐元及人民幣兌美元走強。按業務分部計,集團汽車產品(APG)及工商產品(IPG)未計匯率前收入按年分別增13%及20%,計及匯率則增17%及21%,表現均優於預期。
該行上調德昌電機股份目標價,由25.5元升至27.2元,評級維持「買入」,並因應第三財季收入勢頭良好,調升其2021至2023財年每股盈利預測4%至7%。由於經營槓桿高,花旗估計集團2021財年業績或勝預期,經營毛利率料由7.5%升至8.7%。
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