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《大行報告》大和升小米(01810.HK)評級「跑贏大市」 目標價上調至15元
阿思達克 02-06 10:09
大和發表報告指,小米(01810.HK)將於今年3月底公布去年第四季業績,雖然該行下調集團季度的出貨預測,但明白市場現時估計其今年首季的表現或優於預期,因1月的每周出貨數字有改善。 該行估計,小米上季總收入為648億元人民幣,按年下跌24%,主要由於智能手機出貨量按年倒退25%至3,300萬部,令該業務收入按年下跌30%。至於季度經調整純利估計按年收縮70%至14億元人民幣。 不過,大和對小米今年的智能手機出貨量預期有所提升,最新料達1.65億部,建議於智能手機出貨量優於預期的情況下策略性地買入股份,將集團評級由「持有」升至「跑贏大市」,目標價由9.5元上調至15元。 大和又調升小米今年收入預測1%,反映智能手機出貨量預測增加,不過盈利預測則降低16%,反映企業價值投資上升等因素。
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