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《大行報告》摩通下調舜宇(02382.HK)目標價至110元 評級「中性」
阿思達克 08-17 09:42
摩通發表評級報告指,舜宇(02382.HK)給予最新指引,將手機鏡頭出貨量下調至按年跌15%(原本升5%-10%),主要因Android智能手機需求低迷抵銷舜宇在iPhone市場份額增長;並將手機攝像模組出貨量下調至按年跌20%(原本升10%-15%);車載鏡頭按年增幅則收窄到10%至15%(原本升20%-30%),主要因汽車芯片短缺,但舜宇料下半年會有所改善。管理層預期今年手機業務疲軟毛利疲弱。 該行表示,據管理層的說法,美國是舜宇鏡頭出貨量的一個關鍵地區,或於今年呈持續增長,並會進一步參與更多未來項目,同時今年亦會為客戶增加產能。 該行將今年及明年每股盈測下調30%及15%,並基於明年23倍市盈率,將其目標價由123元下調至110元,維持其評級為「中性」。(ca/u) ~
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