《大行報告》瑞銀上調聯想集團(00992.HK)目標價至12元 評級「買入」
瑞銀髮表研究報告,重申對聯想集團(00992.HK)的「買入」評級,指出第三財季業務勝預期,淨利潤按年升62%,較該行及市場普遍預期高出21%及30%,總收入達到201億美元,較瑞銀及市場預測高8%。經營利潤達到9.32億美元,較瑞銀及市場預測高7%及11%。
第三財季聯想實現創新高的季度收入和淨利潤,從細分市場來看,智能設備集團(IDG)銷售額勝預期,主要受商業及高端筆記本電腦產品的推動。同時受雲端及企業客戶強勁需求的推動,基礎設施解決方案集團(ISG)扭虧爲盈。
聯想管理層重申對未來發展的信心,預期電腦產品出貨量增長將跑贏市場。考慮到季度表現向好,瑞銀將2022至2023財年每股盈利預測分別上調9%和7%,預期2022財年淨利潤將按年增長69%,跑贏同業,2023財年增幅則至少達單位數,目標價從11.5元上調至12元。
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