《大行報告》大摩下調中升(00881.HK)、永達汽車(03669.HK)及美東汽車(01268.HK)目標價
摩根士丹利發表報告指,在汽車購置稅削減於6月1日生效後,內地汽車零售銷售在6月持續復甦。受到4月及5月的積壓需求及額外地方補貼支持,預期6月的汽車銷售會有穩固表現。
不過,在其覆蓋研究的汽車經銷商中,於同店基礎上,該行預計今年上半年的新車銷量將按年下跌雙位數,但利潤率料按年提高。大摩預期中升控股(00881.HK)及美東汽車(01268.HK)在上半年應有更佳增長,而永達汽車(03669.HK)盈利估計將因上海4至5月封城而按年下降雙位數。
該行下調中升、永達及美東今年的盈利預測,反映封城期間售後服務收入的損失,至於明年及2024年盈測亦因今年下半年的提前購買收入而下調。大摩又調低三股目標價,中升由85元降至80元,永達由15.5元降至12元,另美東目標價由56元降至36元。
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