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Citi Recommends to Accumulate BYD COMPANY with 5 Upbeat Reasons

Citi Recommends to Accumulate BYD COMPANY with 5 Upbeat Reasons

花旗建议积累比亚迪公司有5个乐观理由
AAStocks ·  2021/06/18 03:32

Citigroup laid out five reasons for its upbeat view on BYD COMPANY (01211.HK): 1) the company is one of the few domestic players in China which self develops and produces auto-grade IGBT, MCU, CIS, BMS, and SiC MOSFET; 2) BYD's spin-off listing of its semiconductor unit has been moving along well; 3) potential investors involve in the deal; 4) BYD was expected to post resilient NEV MoM sales growth in June-August; 5) local NEV brands may realize 70% NEV annual sales market share by 2025E.

Citigroup viewed that now is the time to accumulate BYD, granting a Buy rating and $287 target price.

花旗集团(Citigroup)为其看好比亚迪公司(01211.HK)列出了五个原因:1)该公司是中国国内为数不多的自主开发和生产汽车级IGBT、MCU、CIS、BMS和SiC MOSFET的公司之一;2)比亚迪剥离其半导体部门的上市进展顺利;3)潜在投资者参与了这笔交易;4)预计比亚迪在6-8月将实现弹性的Nev Mom销售增长;5)本土新车品牌可能实现花旗集团(Citigroup)认为,现在是积累比亚迪的时候了,给予买入评级和287美元的目标价。

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