《大行報告》摩通下調龍工(03339.HK)目標價至2元 評級「中性」
摩根大通發表報告,更新對中國龍工(03339.HK)的預測模型,以反映集團於近期公布的盈利警告,預期去年下半年利潤按年下跌70%至90%。
該行表示,去年市場需求廣泛放緩及原材料成本波動,對龍工等較小型企業產生不成比例地大的影響。基於國內銷售疲弱、去年下半年行業競爭加劇令毛利嚴重收縮,及無法轉嫁成本等因素,摩通將集團2021年至2023年盈利預測下調5%至15%,股份目標價同時由2.4元降至2元,評級維持「中性」。
摩通提到,在內地建築設備行業中仍保持選擇性,喜好供應鏈管理更強,及有更多出口業務的公司。
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