《大行報告》大和升思摩爾(06969.HK)目標價至8元 展望今年盈利增長
大和發表報告指,思摩爾(06969.HK)管理層表示,經過兩年收入倒退後,預期今年收入有雙位數增長,至於盈利增幅則較慢,主要因為新產品的研發投資持續,並估計產品及收入組合將更多元化。該行認為最壞情況已過去,重申其「跑贏大市」評級,目標價由6元上調至8元。
公司指,美國及中國市場的收入增長前景,仍然很大程度取決於監管規則,該行估計兩個市場在去年的低基數下,今年將一步復甦。該行將公司今明兩年盈利預測上調1%至2%,以反映較高的收入增長預測。
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