大摩:升長飛光纖光纜H評級至增持,料光纖價格上升週期已來臨
摩根士丹利發表研究報吿指,智能手機復甦、鏡頭升級、光纖價格及毛利率改善將為2022年的主題,該行選股次序為傳音控股、小米集團、長飛光纖光纜(6869.HK)、中興通訊(0763.HK)、比亞迪電子。
該行指,傳音控股及小米為首選股,預期將可受惠於智能手機需求的潛在復甦;另外料中興可受惠於5G資本開支。
另外,該行將長飛光纖H股評級由“與大市同步”上調至“增持”,目標價由16港元上調至17.5港元。該行相信,光纖價格上升週期已經來臨,料公司於2022年受惠於有利的市場環境、更好的營運效率及一體化垂直模式,可令其盈利有正面驚喜。該行預期2022年純利達10億元人民幣。

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