《大行報告》瑞信下調中國中車(01766.HK)目標價至3.4元 評級「中性」
瑞信發表報告指,中國中車(01766.HK)上半年收入和淨利潤分別為955億元和39.9億元人民幣(下同),分別按年增長6.8%和8%。由於城市交通車輛的增長速度低於預期,因此收入不及預期,預計第二季收入和淨利潤分別為539億和26.5億,分別按年下降3.7%和10.1%。
展望未來,瑞信預計中國中車城市交通車輛銷售將在下半年回升,全年將銷售9,000輛,而上半年只有3,600輛。維持對中國中車H股「中性」和A股「跑輸大市」評級,並下調2021年及2022年每股盈利預測2%及1%,2023年每股盈測則獲上調1%。H股目標價由3.59元下調至3.4港元,A股目標價由5.04元人民幣下調至4.77元人民幣。
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