《大行報告》瑞銀升小米(01810.HK)評級至「買入」 目標價下調至14.6元
瑞銀發表報告,預期小米(01810.HK)已接近見底,決定將評級由「中性」升為「買入」,目標價由15元下調至14.6元,相當於2022年至2023年平均市盈率預測16.5倍。
該行指,小米股價今年以來已累跌38%,相信已反映全球消費者需求放緩、中國最近的疫情封控措施、5G成本壓力以及小米智能手機市場份額的損失。鑒於目前的估值,加上該行的消費者智能手機調查顯示的積極指標,認為小米的風險回報吸引。該行指關鍵催化劑包括上海重新開放進展、供應鏈壓力緩解等。
瑞銀預測,小米今年總收入持平,智能手機收入下降2%,物聯網和家庭生活消費產品、互聯網服務收入將分別按年溫和增長6%和9%,原因是智能家電擴張和互聯網服務的每用戶平均收入上升。
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