《大行》瑞銀升吉利(00175.HK)目標價至20元 指估值已合理維持「中性」評級
瑞銀發表報告指,市場對吉利汽車(00175.HK)普遍持樂觀態度,因在龐大基數下,集團上半年銷量仍實現47%的按年增長,加上產品週期更新。不過,該行認為無法確定有關表現是屬於結構性市場份額提升,抑或只是刺激政策帶來的週期性順風。
該行亦認為,吉利產品組合降級,以及入門級與舊款車型對銷量的主要貢獻,可能抑壓2025年後的增長前景。該行指集團目前估值處於合理水平(相當預測明年市盈率11.4倍),維持「中性」評級,目標價由15元升至20元,同時上調2025至2027年銷量預測13%至18%,至310萬至340萬輛。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.