《大行报告》花旗升小米(01810.HK)评级至「买入」 目标价上调至30元
花旗发表研究报告指,小米(01810.HK)股价自1月5日高位以来己累积回落35%,考虑到近日美国法院宣布暂停美国禁令,以及公司市场份额增加可望令人惊喜,该行认为其风险回报水平吸引,决定一举将投资评级,由「沽售」升至「买入」。
该行指,小米近期表现一直落後於恒指及科技指数,认为去年市场份额在网上销售模式、海外拓展及华为退出市场等因素下得以提升,认为今年营销策略更进取,加上线下实体店扩张,市场份额今年仍将掀升,预期公司全年手机出货量可按年升34%至2亿部,占全球市占率15%。
花旗相应提升小米今明两年收入预测7%及8%,预期公司每股盈利将复合增长26%,又指出小米在区内同业中有更理想的发展前景,决定上调对其目标价,由19.3元升至30元,此按综合方式作估值,相当预测2022年市销率0.7倍(此前估值0.5倍)。
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