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《大行報告》摩通降中聯重科(01157.HK)評級至「減持」 下調濰柴(02338.HK)目標價至11元
摩根大通發表研究報告,下調對建築設備及重型貨車行業之銷售預期,以反映10月令人失望之銷售數字,其中本地挖掘機銷售按年跌47%,重型貨車按年跌61%,較基本趨勢更差,及行業環境進一步惡化。 該行預期今年第四季需求難見明顯上升,因來自房地產行業需求持續低迷,以及來自基建投資的支持僅有限,同時重型貨車行業亦面對高燃料成本,及本地採購和物流活動放慢;整體而言,該行對基本面維持審慎,其中中聯重科(01157.HK)、濰柴動力(02338.HK)屬最不偏好選擇,預期盈利持續下降,並降兩企盈測介乎10%至25%。 摩通將中聯重科H股評級由「中性」下調至「減持」,目標價由7.7元降至4.2元,料其今年末季純利按年大跌約40%;維持濰柴H股「減持」評級,目標價由13.2元降至11元,料其今年末季純利按年同跌約40%。該行並重申中國龍工(03339.HK)「中性」評級,目標價維持2.4元。
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