招商证券(香港):给予瑞声科技(02018.HK)“中性”评级 目标价44.00港元

2020-03-26 14:31:05 来源: 同花顺金融研究中心

  招商证券(香港)3月25日发布公告。Outlook has improved for AAC as its investment in Optics begins to bear fruit. We currently maintain NEUTRAL rating for AAC, given: 1) COVID- 19 outbreak overseas weighs on smartphone outlook, 2) ASP pressure on Acoustic/Haptics. AAC shares fell 30% in the past month, due partly to weaker market sentiment and smartphone demand uncertainties. The shares now trade at 17x 2020E P/E (vs. its 16x historical average), fairly priced in our view. We update our forecast and cut our 2020/21 EPS estimates 22%/12% on a weaker margin outlook. Lower TP to HKD44 (from HKD60), now based on 19x 2020E P/E (previously 20x).

关注同花顺财经(ths518),获取更多机会

0

+1
  • 深科技
  • 航天长峰
  • 天夏智慧
  • 和佳医疗
  • 搜于特
  • 合康新能
  • 华资实业
  • 景峰医药
  • 代码|股票名称 最新 涨跌幅