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《大行報告》大和降特斯拉(TSLA.US)目標價至245美元 增長放緩將持續至2025年
阿思達克 01-29 10:50
大和發表評級報告指,維持特斯拉(TSLA.US)今年交付預測達13%增長及電動車毛利率17%預測,由於降低期望,認為集團擁有較有利的設置。該行將集團明年每股盈測由5.5元下調至4.25元,反映利潤率較低和稅率較高,料其增長放緩將持續至2025年。 該行指,特斯拉增長挑戰或持續更長時間,但特斯拉透過下一代車輛、儲能和全自動駕駛等方式,鋪設其市場份額增長。展望2025年,該行繼續預料特斯拉交付增長達16%,但下調息稅前利潤率預計200個基點,反映投資開發下一代汽車。 由於今年增長疲弱已大致成為市場共識,該行認為其股價大幅回調為增持的機會。該行將其目標價由280美元下調至245元,維持其評級為「跑贏大市」。(ca/u) ~
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