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杰富瑞:给予福耀玻璃目标价为72.3港元 维持中性评级

Jefferies: Giving Fuyao Glass a target price of HK$72.3 to maintain a neutral rating

Breakings ·  May 16, 2023 16:11

According to a report published by Jefferies, Fuyao Glass is expected to enter its first technology-driven growth period, and it is expected that it will shine in overseas markets within the next few years. According to the bank, Fuyao Glass's management did not provide specific guidance, so the company expects the penetration rates of products such as all-glass roofs, head-up display glass (HUD), and dimming glass to reach 13%, 18%, and 2% respectively this year, so that the average selling price will increase by 20%, and believes that the market underestimates the increase in the average price of products (the market is expected to rise by 5% to 10%). The bank gave Fuyao Glass a target price of HK$72.3, maintaining a neutral rating.

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