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《大行報告》花旗下調建滔集團(00148.HK)目標價至42.3元 評級「買入」
花旗發表研究報告指,將建滔集團(00148.HK)2023至24財年的盈利預測下調4%至11%,目標價由44.5元下調至42.3元,維持「買入」評級,認為儘管今年增長復甦步伐慢過預期,集團盈利已開始復甦。 報告估計,汽車等印刷線路板(PCB)銷售佔比達40%,亦是去年表現最好的板塊,是唯一達到正增長的細分市場,但由於2021至22年大量庫存增加導致庫存清理所需的時間和基數較高,因此料2023年下半年的勢頭將放緩甚至按年持平。不過,由於去年持續下行周期的基數非常低,料通訊、家電和智能手機業務可能會觸底並出現拐點。
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