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里昂：维持比亚迪电子(00285)“买入”评级 目标价上调至45.2港元

Maintains a "buy" rating for BYD Electronic (00285) with a target price of HKD 45.2, Lyon said.

Zhitong Finance ·  Jun 6 10:51

BYD Electronic expects rapid growth in AI-related businesses from next year.

Zhongtong Finance APP learned that Lyon released a research report stating that the recent rise in the stock price of BYD Electronic (00285) is mainly due to the growth potential of AI business. The company predicts that AI-related businesses will grow rapidly from next year. The bank slightly raised its profit forecast for the company in the next two years, and raised the target PE ratio for next year from 13 times to 17 times to reflect the company's higher long-term growth potential. The target price was raised from HK $34 to HK $45.2, and the 'buy' rating was maintained.

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