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大行評級丨大摩:調高比亞迪股份目標價,最牛看高至399港元
格隆匯 03-19 11:55
摩根士丹利發報告,調高比亞迪(1211.HK)2025及2026年交付量預測6%至11%,分別至530萬輛及610萬輛。另外,上調比亞迪目標價13.7%,由270港元升至307港元,最牛目標價由347港元,調高14.99%,至399港元,最熊目標價亦增13.82%,至173港元,維持“與大市同步”評級。另外,預期比亞迪今明兩年汽車平均售價料跌1%至2%,汽車利潤率將從2024年至2026年呈下降趨勢。預測去年每輛車淨利潤爲9400元人民幣,今明兩年分別降至8600元人民幣及8400元人民幣。大摩預期比亞迪去年營業額7682.76億元人民幣,今明兩年分別預期爲9360.39億元及1.04萬億元人民幣,2024至2026年每股盈利分別爲15、17及19元人民幣。
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