匯豐研究:下調正通汽車(1728.HK)目標價至2.7港元 評級“持有”
匯豐環球研究發表報告指,正通汽車(01728.HK)股價本年至今下跌46%,該行指有關跌幅不合理,因奢侈類別汽車今年表現跑贏其他板塊,而正通汽車應是主要受惠,惟其上半年盈利表現持續去年下半年弱勢,相反同業則復甦。該行相信主要是由於中國出售之積架(Jaguar)Land Rover表現疲弱,其為正通業務之第二大品牌,相信疲弱之銷售表現將持續影響盈利表現,短期內未見機會改善。
該行下調正通汽車今年全年盈測24%,2020年及2021年盈測則下調分別25%及30%,目標價相應自3.2港元下調至2.7港元,評級維持“持有”。

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.