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瑞銀:上調長汽(2333.HK)目標價1.1倍至35.5港元 電動車暢銷助提升估值
格隆匯 02-03 16:38

瑞銀髮表研究報吿指出,雖然長城汽車(2333.HK)最近3個月的股價上漲,但相信該股仍有上升空間,自新冠疫情以來,市場對長汽新推出車型的反應,均勝市場預期,而集團業績亦超出預期,隨着其電動車業務愈來愈可行以及能見度高,瑞銀認為現時應該將有關業務獨立估值,因此將其目標價由16.8港元上調至35.5港元,調升幅度達1.1倍。

瑞銀報吿指出,自去年中至今,長汽新推的電動車平台一直非常成功,其中,“大狗”銷量去年12月已達1萬台,第三代H6每月銷量已突破2萬台,而坦克300自12月推出以來,已接獲超過1萬張訂單,估計摩卡(Mocha)將是一下一個帶動WEY品牌銷售的車款。由於今年將推出更多車型,為集團盈利帶來貢獻,因此瑞銀相信市場對長汽的盈利預測亦將上調。

報吿又提到,長汽新推出的歐拉好貓反應理想,尤其受女性客户歡迎,估計集團將擴展至高端電動車市場,這不僅有助其銷量及優化組合,更可提升其估值。

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