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中信证券：维持福耀玻璃“买入”评级 目标价升至54港元

CITIC Securities: Maintaining Fuyao Glass's “Buy” Rating and Raising the Target Price to HK$54

新浪港股 ·  May 9 02:20

According to a research report released by CITIC Securities, Fuyao Glass (03606)'s total profit in the first quarter, excluding exchange gains and losses, increased 44.6% year-on-year to RMB 1,783 billion, better than market expectations. It raised its target price from HK$48 to HK$54, maintaining a “buy” rating. In the medium to long term, I am optimistic that as the average sales price of automotive glass continues to rise, Fuyao Glass will continue to benefit as a leading company in the industry, so it raised its earnings forecast per share from 2024 to 2026 to 2.54 yuan, 2.93 yuan, and 3.41 yuan.

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