You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
花旗:升瑞聲(2018.HK)目標價至66港元 評級“買入”
格隆匯 11-14 11:15
花旗報告指瑞聲(2018.HK) 第三季收入勝預期,毛利按季升4.5個百分點至29.6%,受惠經營槓桿改善,純利按季升106%至6.95億元人民幣,較該行預期高11%。管理層預期鏡頭今年年底的生產量可達6000萬,均價為3.5元人民幣,對比舜宇(2318.HK) 10月份付運量為1.46億,均價為5-6元人民幣,該行相信後者可以享有更好的產品組合和規模效應,但預期瑞聲中期會將產量提升至1.5億。而2020年鏡頭供應和需求關係會變得更緊張,因受5G電話替換潮所推動,因此認為對瑞聲是一個好的增長機會。
該行上調瑞聲2019及2020年盈利預期分別3%及7%,以反映其業績表現勝預期,和對未來業展望更正面,目標價由44港元升至66港元,評級“ 買入 ”。

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 this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.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.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account