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《大行报告》汇丰研究上调中联重科(01157.HK)目标价至15.2元 评级「买入」
阿思达克 05-03 11:57
汇丰研究发表报告,预计中联重科(01157.HK)第二季将会满负荷生产,未来几个季度的销售额按年增长19%。该行将2021至2023年度的盈利预测分别上调9%、6%和9%,并将目标价由14.9港元升至15.2港元,评级维持「买入」。A股目标价就由12.6元人民币升至12.9元人民币,评级维持「持有」。

汇丰预计,中联重科的毛利率在未来几个季度将保持稳定。虽然钢材等原材料价格上涨可能对利润率构成压力,但有关增长势头已经放缓。同时,公司在3月和4月连续提高了混凝土机的平均售价,并可能在6月进一步提高砂石车和中低吨位卡车起重机定价,相信平均售价的增长能够抵销原材料价格的上涨,预计毛利率将由首季的27.2%,升至今年全年27.5%。

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