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《大行報告》花旗上調中升(00881.HK)目標價至96.9元 評級「買入」
阿思達克 07-14 11:45
花旗發表報告,維持對中升(00881.HK)的「買入」評級,並將目標價由73.7元上調至96.9元,因為其強大的自由現金流能力可以支持多年的併購和超越行業增長。

花旗指,公司最近發盈喜料半年多賺六成,加上更看好其中長期前景,特別是考慮到近期的併購,將2021、2022及2023年的新車銷售量增長預測,由17%、9%及8%,分別上調至45%、15%及15%。期內,新車銷售毛利率預測,分別按年份次序上調至3.3%、3.3%及3.2%,至於售後收入按年增長預測分別上調至37%、23%及15%。而2021、2022及2023年的淨利潤預測相應地分別調高4%、10%及16%,達到80.06億、104.92億及128.65億元人民幣。

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