《大行報告》摩通下調廣汽(02238.HK)目標價至7.9元 )去年業績遜預期
摩根大通發表報告表示,廣汽集團(02238.HK)去年業績表現遜預期10%,主因經營開支增長,及投資收入下跌,決定下調對公司明兩年純利預測介乎4至5%。
該行指,廣汽管理層指業務毛利改善主要來自新能源車埃安,情況令人鼓舞。該行對其合營表現維持樂觀,但FCA的合營則仍需時扭虧。該行決定將廣汽H股目標價由8.8元降至7.9元,維持「中性」評級。
該行指,廣汽集團股價今年以來已累跌23%,與內地汽車股一致,短期更看好具領導地位的中資汽車股,如吉利(00175.HK)、長城(02333.HK)、蔚來(NIO.US)與小鵬(XPEV.US)。
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