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《大行報告》匯豐研究降聯想集團(00992.HK)目標價至9.9元 評級「買入」
阿思達克 06-08 12:08
匯豐研究發表研究報告,下調對今年全球手提電腦出貨量預測,由按年持平下調至跌15%,較市場預期按年跌約10%更悲觀。另預期今年第二季手提電腦出貨量將按季跌12%,第三季則溫和按季反彈8%,低過傳統季節性按季增長13%的水平,並續看到渠道庫存較正常水平高(目前為超過12周,而正常水平為8至12周)。 此外,匯豐研究修訂後的今年全球手提電腦出貨量預測約介乎2.19億至2.22億部,雖然較疫情前的每年1.6億至1.7億部為高,但在企業更為保守的支出或消費者需求惡化的情況下,不排除出貨量或進一步下跌。該行重申對聯想集團(00992.HK)的「買入」評級,主要由於其商業敞口較高、伺服器業務的盈利能力改善,以及估值不高,目標價由12.6元降至9.9元。
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