大行評級 | 花旗:上調長城汽車(2333.HK)評級至買入 目標價升至46.8港元
格隆匯11月18日丨花旗發表報告,將長城汽車(2333.HK)評級由中性升至買入,目標價由32.3港元上調至46.8港元,以反映行業於明年至2025年的展望更爲向好,及集團將推出強勁的新產品等。
花旗又將集團今年至2023年總銷量預測分別調升至127萬、175萬及199萬輛,三年最新盈利預測調整至60億元、117億元及151億元人民幣。料受到高級輔助駕駛(ADAS)及固件在線升級(FOTA)等支持下,長汽的市佔率可由今年的2.1%,提升至2025年的9.3%。今年至2023年的毛利率估計可改善至14.7%、14.8%及15%。該股現報34.4港元,總市值3177.44億港元。
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