《大行報告》高盛降永達汽車(03669.HK)評級至「中性」 維持中升(00881.HK)、美東(01268.HK)及和諧汽車(03836.HK)「買入」評級
高盛發表研究報告指,中國乘用車市場正在快速走向電動化,令導致一系列新興品牌和汽車製造商競爭格局的重新洗牌,預期對於內燃機(ICE)汽車及新能源汽車(NEV),經銷為可持續的商業模式,優勢會隨著汽車製造商網絡擴展及產品線豐富而增長。
傳統高端品牌則預期在豪華車領域保持主導地位,高盛認為,高端化的發展機遇並不少於電動化,估計2021至2025年間高端汽車滲透率為19%至30%;又估計新能源汽車滲透率將從2021年的15%,增長至2025年的40%,汽車電動化發展將令期內銷量增加2,940萬輛。
高盛將永達汽車(03669.HK)評級從「買入」下調至「中性」,目標價從19.2元降至9.4元;維持中升(00881.HK)、美東(01268.HK)及和諧汽車(03836.HK)的「買入」評級,目標價分別為90元、35元及4.6元。
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