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《大行報告》瑞信一舉升中國重汽(03808.HK)評級至「跑贏大市」 目標價上調至11.5元
瑞信發表報告,一舉升中國重汽(03808.HK)評級由「跑輸大市」至「跑贏大市」,目標價由8.9元上調至11.5元,並上調2023及2024年盈測分別26%及38%。 瑞信將2022年至2024年中國重型卡車銷量預期上調2%至10%,分別至97萬、108萬、110萬輛,以反映政府刺激基礎設施固定資產投資下相關需求上升。 瑞信指,作爲中國第二大重型卡車製造商,去年市佔達20%,中國重汽有望受惠今年第三季起卡車需求復甦,預計其淨利潤增長將從明年開始回覆正值,2023年和2024年各按年增長14%和2%。同時預計第三季銷售量增長將引發估值重評。
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