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大行評級|美銀:上調小米目標價至52港元 重申“買入”評級
格隆匯 02-19 10:33
美銀證券發表報吿指,在2月12日實地考察小米北京汽車工廠後,對小米在電動車領域的競爭優勢更有信心。憑藉豐富的消費電子產品知識和強大的設計能力,該行認為小米已建立了強勁的品牌形象,加上迅速提升的產能,預期盈利將可持續增長,帶動估值提升。美銀證券預期,智能手機出貨量在2026和2027年將分別達到1.9億和2億部。至於IoT業務,該行認為海外市場仍有增長空間,因為海外市場的利潤率通常較高。此外,家電產品組合的增加和更多的內部設計可能會推動利潤的進一步擴張。加上汽車業務的品牌形象提升,可能為智能手機或物聯網業務帶來協同效應。美銀證券重申小米“買入”評級,並將2025至2026年盈利預測上調2至6%,將目標價由37港元上調至52港元。
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