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《大行報告》美銀證券下調聯想集團(00992.HK)目標價至12.3元 評級「買入」
阿思達克 11-05 15:47
美銀證券發表研究報告指,聯想集團(00992.HK)第二財季盈利按年增長65%,較該行預期高6%,銷售收入則大致符合預期;受商用電腦需求增長及伺服器業務帶動,經營溢利率提升至4.6%。 報告指出,聯想的智能設備業務第二財季經營溢利率創新高,達7.6%,管理層對明年電腦產品訂單的可見性抱積極看法。不過,該行表示,隨着需求回升,9月底止季度商用電腦銷量在所有地區都錄得增長,預期未來貢獻將繼續提升,推高產品銷售均價及利潤率。 美銀將2022至2024財年盈利預測上調4%至5%,但由於預計2022年電腦出貨量將下降,將目標價由13元下調至12.3元,對應市盈率下調至11倍。
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