《大行報告》瑞信下調中興(00763.HK)目標價至25.5元 評級「跑贏大市」
瑞信發表報告指,中興通訊(00763.HK)去年收入達1,145億元人民幣,按年增長13%,大致符合預期;盈利則爲68億元人民幣,按年上升60%符合指引。中興去年第四季毛利率爲30.9%,較該行預期分別低2.1個百分點。
該行預期,中興通訊今年收入將按年增長14%,由於國內網絡、企業業務及智能家居業務的市佔增長,毛利率料可保持穩定。
瑞信下調中興股份目標價,由32.3元降至25.5元,相當預測今年市盈率13倍,維持「跑贏大市」評級,並調低集團今明兩年每股盈利預測6%。
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