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《大行報告》富瑞首予創科(00669.HK)「買入」評級 目標價171.97元
阿思達克 04-20 13:08
富瑞發表報告,首予創科(00669.HK)「買入」評級,目標價171.97元,相當於預測市盈增長率1.4倍,及預測2022至2023年綜合市盈率28倍,與三年歷史均值相符。報告稱,創科已具有多個成熟鋰離子電池平台,在捕捉全球電動化及ESG趨勢上有良好定位。依靠持續產品升級,技術優勢及出類拔萃的生態系統,該行料創科如過去十五年般,續成為穩定的整合者。該行料創科2021至2024年間純利年均複合增長達20%。 報告稱,由於美國家居裝修市場穩固及基建投資,料美國需求將好過市場預期;該行對創科向電池供應商的定價能力有信心,因持續產量增長,也較少受於原材料成本上升影響。該行亦認為市場未充份認識創科高科技本質,同業現價相當於今年預測市盈率27倍。
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