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《大行》里昂首予佑駕創新(02431.HK)目標價32元 評級「跑贏大市」
阿思達克 06-23 16:06
里昂首次覆蓋佑駕創新(02431.HK),予目標價32元及「跑贏大市」評級。該行研究報告指,預期公司於2024至27年總收入年均複合增長率為49%。公司有兩個主要增加動力,分別為針對內燃機汽車和國際市場的安全解決方案,以及針對非垂直整合車企的L2+智能駕駛系列。 該行估算,車艙安全功能的市場總規模為180億元人民幣,而商用和乘用車的強制主動煞停系統(AEB)安裝政策將會推動市場增長。另外,該行認為即使目前車企存在完全垂直整合的趨勢,但智能駕駛的第三方商業模式將會持續。
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