《大行報告》瑞銀上調龍工(03339.HK)目標價至3.16元 評級「中性」
瑞銀發表研究報告,指龍工(03339.HK)去年純利增19%,剔除來自財富管理的投資收入,經常性盈利亦高於預期11%,收入升10%,同樣勝預期。
該行指,去年毛利跌0.6個百分點,海外收入升40%,主因一帶一路國家和新興市場需求增長。公司今年首季表現強勁,四項主要的產品類別銷售增長表現良好,管理層指今年輛式裝載機維持市場首位,叉車可錄雙位數增長,海外市場亦預期有50%以上增長。
該行升今明兩年盈利預期分別12%及11%,目標價由2.9元升至3.16元,評級維持「中性」。
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