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《大行報告》大摩昇華晨(01114.HK)目標價至5.7元 母企重組及現金充足
阿思達克 03-26 10:46
摩根士丹利發表研報指,華晨中國(01114.HK)日前公佈母公司重組最新進展,至本月中母企已成爲瀋陽汽車的全資附屬公司,指出雖然目前未有具體方案,但憧憬母公司重組將帶來現金分派,用於償還債務,料有助於改善股息前景。 大摩引述寶馬2023年年報,指出華晨寶馬合資公司上年度向華晨分派了摺合約113億元人民幣股息,預料將令華晨現金頭寸每股增加2.4元,資金層面得以充實。利好消息預期推動股價上揚,加上公司基本面正在改善,因此大摩維持「增持」評級,目標價由3.8元提升至5.7元。
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