《大行報告》瑞信上調永達汽車(03669.HK)目標價至18.6元 評級「跑贏大市」
瑞信發表研究報告指,永達汽車(03669.HK)上半年表現較指引更好,純利增121%,佔全年盈利預期的52%。收入增45%,高於預期,令人驚喜,高於內地豪車行業水平。
該行指,毛利增長受惠旗下新車銷售、售後服務及傭金收入分別增72%、38%及31%,相對去年同期受疲情影響導致基數偏低。第二季純利更達歷史高位。因預期收入改善,升2021至23年每股盈利預期0.2%至2.3%,目標價由18元升至18.6元,評級維持「跑贏大市」。
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