《大行報告》瑞銀上調中國中車(01766.HK)目標價至5.9元 評級「買入」
瑞銀發表報告,上調中國中車(01766.HK)今年至後年每股盈測9%至11%,以反映利潤率改善強過預期。維持「買入」評級,其H股是該行行業首選,因為看好其鐵路設備業務在未來兩至三年的需求前景。同時將今年至後年鐵路業務毛利率預測提高1.7至2.2個百分點,新產業業務毛利率預測提高1.2至1.6個百分點,混合毛利率預測提高1.1至1.3百分點。目標價由4.8元升至5.9元。
此外,報告料由於高鐵客流復甦快過預期,或國企改革加速,料市場對其盈測有上調風險,中車H股現估值相當於未來一年預測市盈率約10倍,與歷史均值11倍相若,在今明兩年預測每股盈利增長分別17%及14%情況下,認為估值吸引。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.