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《大行報告》花旗首予華晨(01114.HK)評級至「買入」 目標價7.1元
花旗發表報告,預計華晨(01114.HK)第四季表現將好過行業。隨著供應鏈的改善,料寶馬的市場份額將於明年恢復。該行首予集團「買入」評級,目標價7.1港元,並料年底可能會宣派特別股息。 花旗預計,合資華晨寶馬今年至後年的淨利潤分別為299億人民幣(下同)/333億/324億,推動因素包括華晨寶馬今年至後年的銷量將達到2%的年複合增長率、今年至後年的平均售價料分別上升10%/3%/1%;淨利潤率(不包括汽車金融)將從今年的11.9%恢復至明年的12.6%。
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