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《大行報告》大和下調瑞聲(02018.HK)目標價至42元 評級「買入」
阿思達克 11-15 10:51
大和發表報告指,瑞聲科技(02018.HK)今年第三季業績表現疲弱,收入按年下跌6%至42億元人民幣,較該行及市場預期低10%至15%,至於純利則按年倒退57%至1.83億元人民幣,較該行及市場預測差50%至60%,不過符合集團早前公布盈利預告的介乎1.66億至2.1億元人民幣。 大和表示,雖然瑞聲季績疲軟,但瑞聲對前景看法正面,預期今年第四季的業務會更佳,且明年亦會有正面表現,確認了該行對集團盈利未來會有穩健轉勢的觀點。 大和下調瑞聲股份目標價,由52.5元降至42元,但評級由「跑贏大市」升至「買入」,指最壞情況已過,並調低集團今年至2023年盈利預測各25%至28%,以反映毛利較低的假設。
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