You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》瑞信上調重汽(03808.HK)目標價至27元 業績勝預期
阿思達克 01-26 09:57
瑞信發表研究報告指,中國重汽(03808.HK)日前發盈喜指,2020年全年盈利可能按年增長逾88%,超出市場預期,並意味下半年盈利增長超過3倍。

該行認為,由於2020年卡車出口的低基數,今年中國重汽的重型卡車銷量可能會領先於整體市場表現,公司可透過向買家提供貸款以改善內地銷售,加上重汽旗下高端品牌SITRAK市場份額持續增長,預期今年銷量理想。但該行提醒,當局的排放標準政策實施前引發價格競爭加劇,令中國重汽的利潤率可能面臨壓力。

瑞信將2020至2022年盈利預測上調2%至15%,以反映銷量預測提高,目標價由24.8元上調至27元,相當於2021年預測市盈率約12倍,維持「跑贏大市」評級。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account