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大行評級|高盛:下調廣汽集團目標價至2.6港元 下調2024至26年純利預測
高盛發表研報指,廣汽集團第二季收入、毛利及淨利潤分別按年下跌30%、22%及79%,較高盛預測分別低6%、16%及75 %,相信主要由於市場競爭激烈,以及合資品牌和廣汽自主品牌汽車銷量下滑所致,廣汽豐田及廣汽本田今年上半年純利分別按年下跌61%及118%。該行指,廣汽管理層亦承認正面對價格競爭的挑戰、電動化和智能化的落後,以及行業純電動汽車滲透率下降的影響,有計劃在今年下半年加強產品研發開支投入及對零售終端的補貼,同時擬削減產能及降低採購和員工成本。因應市場競爭持續及下半年銷量預期下跌,高盛目前將廣汽2024至2026年純利預測下調12%至13%,目標價降至2.6港元,重申“中性”評級。
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