《大行報告》麥格理下調海爾智家(06690.HK)目標價至40元 評級「跑贏大市」
麥格理發表報告指,海爾智家(06690.HK)旗下冷氣機業務毛利率擴張0.9個百分點至28.6%,受惠供應鏈變化利好產品競爭力;旗下高端品牌卡薩帝(Casarte)上半年銷售增長11%,其中次季增長回復至14%。該行相信,公司在海外市場推行高端產品的效率,或會有助其跑贏大市,並舒緩下半年運費成本,繼續利好其利潤率。
該行表示,海爾智家目標今年本地冷氣機業務收入增長雙位數,利潤增長加速。該行表示,將公司今年及明年淨利潤收入預測分別下調1.3%及1.6%,並將其目標價由41元下調至40元,維持其評級為「跑贏大市」。
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