招银国际：降海尔智家(06690)目标价至28.45港元维持“买入”评级

智通财经2025-05-07

智通财经APP获悉，招银国际发布研报称，将海尔智家(06690)目标价从36.41港元下调22%至28.45港元，维持“买入”评级。该行下调2025/26财年净利润预测6%，以反映海外销售增长超预期，以及并购及关税冲击毛利率。新目标价基于2025财年12倍预测市盈率。现价对应10倍市盈率，低于5年均值15倍，估值仍然具吸引力，但短期需警惕内地需求放缓及美国利润率压力。报告指，集团2025财年...

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招银国际：降海尔智家(06690)目标价至28.45港元 维持“买入”评级

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招银国际：降海尔智家(06690)目标价至28.45港元维持“买入”评级