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大行評級|高盛:上調中芯國際目標價至62.7港元 對其長期增長前景持樂觀看法
格隆匯 02-13 10:53

高盛發表研報表示,對中芯國際長期增長前景持樂觀看法,預期中芯可持續受惠於本地化生產需求不斷增長,雖然投資者對該公司2025年資本支出放緩感到擔憂,但管理層已表明,預計2025年的資本支出將保持穩定,反映公司的長期業務擴張有計劃。

憧憬產品組合調整下,價格壓力和折舊攤銷的影響將較市場預期的來得溫和,高盛相信中芯將保持市場領導地位,將目標價由43.6港元上調至62.7港元,評級從“中性”上調至“買入”。基於去年度業績表現,高盛將中芯2025至2029年的每股盈利預測分別上調8%、17%、24%、31%和48%,預計收入增幅將介乎5%至27%,毛利率可提升0.8至4.4個百分點。

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