《大行報告》美銀證券上調Caterpillar(CAT.US)目標價至323美元 評級「買入」
美銀證券發表研究報告指,Caterpillar(CAT.US)次季業績向好,當中機械、能源和運輸業務經營利潤翻倍,推動收入按年增長22%,每股盈利亦較市場預期高出20%,刺激股價上漲。
該行指,Caterpillar手頭積壓訂單按季上升,反映終端需求情況的零售銷售加快,相信公司正致力減少庫存,現時管理層目標全年度利潤率可達到其長期增長目標的上限,市場對公司明年上調增長目標的預期提升。
基於第二季業績,該行上調2023至2025年收入及盈利預測,目標價由283美元提高至323美元,對應明年每股盈利預測的約14.5倍,重申「買入」評級。
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