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大行評級|花旗:下調中聯重科評級至“中性” 目標價降至3.8港元
花旗發表研報,將中聯重科的評級從“買入”下調至“中性”,指出房地產投資持續疲弱,加上近日出台的嚴格基建項目審批指引,因此對工程機械需求前景變得更為擔憂,特別是對房地產市場相關性較高的起重機和混凝土機械等,需求或在未來一段較長時間持續疲弱。該行又指,中聯重科的應收賬款較同業更高,可能意味着更高的信貸減值虧損,相應將該公司今明兩年盈利預測分別下調6%及12 %,目標價從6.5港元降至3.8港元,對應2024年預測市賬率的0.5倍(原先為0.9倍)。
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