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研報掘金丨國泰君安:維持比亞迪“增持”評級,上調目標價至313.15元
格隆匯 01-10 13:56

國泰君安研報指出,以舊換新政策落地有望平滑行業銷量波動。看好比亞迪(002594.SZ)智能化戰略逐步落地對基本盤的夯實和中高端品牌的需求帶動。公司作為新能源車領域行業龍頭,行業出清過程中業績確定性更強,參考可比公司給予2025年17.14X PE,上調目標價為313.15元。維持“增持”評級。政策接力有望平滑汽車行業需求波動。1月7日,公司海豹05DM-i開啟預售,1月8日王朝系列MPV夏正式上市。預計,隨着政策支持、Dmi5.0車型改造及純電E4.0平台推出,2025年公司銷量有望實現超越新能源車行業增速的增長。

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