《大行報告》大摩降中升(00881.HK)目標價至22元 下調盈測
摩根士丹利發表研究報告指,今年豪華內燃機新車需求仍將面臨挑戰。中升(00881.HK)未來的增長將取決於外部客戶的維修服務,預計這將從下半年開始重新加快售後增長。
報告引述中升管理層指,預計今年新車的銷量和毛利率不會低於2023年水平,雖然折扣擴大,但代工生產返利緩解了經銷商的部分壓力。管理層目標是今年維修收入增長超過10%。摩根士丹利下調集團2024至25年的盈測7至9%,以反映較預期弱的新車業務,將目標價由24元降至22元,維持評級為「增持」。
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.