《大行報告》大摩上調華虹半導體(01347.HK)目標價至45元 評級「與大市同步」
摩根士丹利發表報告指,華虹半導體(01347.HK)今年第二季業績及第三季指引大致符合預期,其中第三季集團指引收入達4.1億美元,按季增長18%,按年增長62%,稍高於該行的基礎情境,主要是受惠於無錫廠房擴展,而毛利率預測介乎25%至27%,亦略為改善。
大摩上調華虹半導體股份目標價,由40元升至45元,評級維持「與大市同步」,認為集團得益於強勁的上升周期需求,其擴展計劃仍然積極。然而,較高的資本支出也令利潤率受限,定價能力或不如其他代工同業。
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