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《大行報告》花旗降美東汽車(01268.HK)評級至「中性」 目標價下調至35元
阿思達克 01-07 10:36
花旗發表報告,指美東汽車(01268.HK)今明兩年可能放緩併購和開新店步伐,主因在收購追星汽車後現金流更為緊張,加上最近疫情再起,以及公司發行可換股債券和配股而帶來的盈利攤薄效應。該行將美東汽車評級由「買入」下調至「中性」,且下調其2021至2023年度盈利預測11%至15%,目標價相應由51元降至35元。 該行估計,美東汽車發可換股債券和配股,將導致盈利攤薄約6%,並將2022年負債比率由32%上升至73%。該行調整其今年店舖數量預測由88下調至83間,明年店舖數量預測亦由95降至91間。
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