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大行評級|中銀國際:下調ASMPT目標價至81港元 集團有望受惠於關稅戰
格隆匯 05-06 11:05
中銀國際發表研究報告指,ASMPT首季業績符合指引中位數,受惠於產品組合改善,毛利率按年上升約3.7個百分點。期內,集團淨利潤爲8400萬元,略微勝於市場預測。中銀國際表示,ASMPT先進封裝業務繼續快速進展,同時設備行業逐漸見底回升,其TCB業務持續獲得客戶認可,而SMT業務仍然拖累公司近期表現,不過,該行認爲,由於有訂單趕在關稅暫停期90天內出貨,加上產能轉移帶動全球資本開支上升,預計集團有望受惠於關稅戰。該行提到,該股的估值較爲吸引,維持“買入”評級,目標價由98港元下調至81港元。
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