《大行報告》美銀證券下調小米(01810.HK)目標價至27.4元 評級「中性」
美銀證券發表報告表示,小米(01810.HK)去年第四季經調整利潤達32億元人民幣,按季下跌22%及按年升37%,高於該行及市場預期分別56%及11%,經營溢利亦高於該行預期10%;惟季內收入700億元人民幣,則低於預期。
報告補充,預計隨著各品牌搶佔華為的市場份額,小米智能手機的出貨量將繼續保持強勁增長;至於其遊戲定價能力弱及金融科技監管嚴格可能會阻礙該業務之銷售增長。該行下調小米今明兩年經調整每股盈利5%及12%,以反映互聯網業務增長遜預期,目標價由31元降至27.4元,重申「中性」評級。
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