研報掘金丨國投證券:長城汽車5月銷量整體符合預期,維持“買入-A”評級
國投證券研報指出,認為長城汽車(601633.SH)5月銷量整體符合預期,環比減少0.3萬台主要受到皮卡銷量下滑影響,其中新能源批發量2.5萬、環比增加0.2萬,燃油批發量6.7萬,環比減少約0.6萬。根據懂車帝數據推算,5月長城乘用車零售銷量約4.6萬台,環比基本持平。考慮到公司2024年新能源越野和出口業務增長下銷量結構明顯優化,盈利有望顯著上行,給予公司2024年25倍市盈率,對應6個月目標價39.4元/股,維持“買入-A”評級。
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.