《大行報告》美銀證券上調理想汽車-W(02015.HK)目標價至108元 評級「買入」
美銀證券發表報告指,理想汽車-W(02015.HK)今年第三季汽車交付量為2.65萬架,按年上升6%,但按季下跌8%。該行預期集團第三季的毛利率按季下跌7.4個百分點至13.1%,主要由於「理想One」的折扣提高,加上消費者等待「L8」,令「理想One」的銷售較預期疲弱。
不過,由於「L9」及「L8」的貢獻進一步增加,美銀估計集團第四季的出貨量將按季上升75%至4.6萬架;毛利率則改善至22.7%。
美銀證券上調理想汽車目標價,由92元升至108元,維持「買入」評級,並調升集團明年及2024年銷量預測分別1%及3%。但由於毛利率較低,該行指對理想汽車今年虧損預測有所上調,同時明年盈利預測亦升12%。
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