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大行評級|摩根大通:下調ASMPT目標價至90港元 預計股價短期內將保持波動
格隆匯 02-27 14:24

摩根大通發表報吿指,ASMPT、上財季財報表現與過去幾季類似,主流封裝收入和表面貼裝技術(SMT)業務的疲軟持續拖累利潤率。但公司對熱壓鍵合(TCB)業務仍保持樂觀,稱其總可服務市場將實現45%的年複合增長率,並有望在2024至2027年間實現4倍的收入成長。這應會推動先進封裝業務的持續增長,預計到2027年,可能佔總收入的45%至50%。

該行預計股價ASMPT短期內將保持波動,但TCB和其他先進封裝領域的強勁進展令人鼓舞,維持“增持”評級,目標價由115港元降至90港元。

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