小摩:降宁德时代(03750)目标价至575港元 评级“中性”

智通财经网
Nov 17, 2025

智通财经APP获悉,摩根大通发布研报称,宁德时代A股(300750.SZ)及港股(03750)股价,在11月13日分别上涨了7.6%、3.2%,主要受惠于与Hyper Strong签署战略合作协议,获得不少于200GWh订单。近期,投资者对宁德时代2026年产量的预期随着市场讨论而提升。小摩表示,依然看好宁德时代A股,并将其视为中国电池产业链的首选,目标价为480元人民币,较最新收盘价有19%的上涨空间。H股目标价由600港元下调至575港元,即使考虑到H股较A股有约10%的估值溢价,较最新收盘价亦只有6%上涨空间,评级“中性”。

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