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《大行報告》花旗上調丘鈦科技(01478.HK)目標價至20.5元 評級「買入」
阿思達克 08-26 09:47
花旗發表研究報告指,丘鈦科技(01478.HK)上半年業績勝預期,該行維持「買入」評級,認為公司在鏡頭模組、指紋認證模組方面表現強勁,加上在汽車鏡頭覆蓋增加,而物聯網(IOT)方面亦有潛力。 管理層在業績電話會議上表示,維持今年鏡頭模組出貨量25%以上增長的目標,並相信平均銷售單價或性能或會在下半年開始反彈,同時亦維持今年產能目標等。在汽車產品方面,該行指出與逾10家汽車品牌已開始在汽車鏡頭模組方面合作,亦已贏得部分項目的設計並量產。而在IOT方面,公司將聚焦於無人機、可穿戴裝置、智能家居、AR及VR等,到2025年管理層目標汽車及IOT收入貢獻將達25%。 該行認為行業整合及汽車方面將帶動利潤改善,將公司2021-23年盈利預測升6-13%,目標價由20元升至20.5元。
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