Anker May Benefit From Strong iPhone Accessories Demand -- Market Talk
Anker May Benefit From Strong iPhone Accessories Demand -- Market Talk
0155 GMT - Anker Innovations Technology's new products with higher average selling prices could help to offset some pressure from higher raw material prices, Daiwa Capital says. The company is likely to gain from strong consumer demand for iPhone 13 accessories from 4Q, and Daiwa notes Anker has been expanding its product categories to attract more clients. High sea-freight costs should have a limited impact on Anker, as the company has been stocking up inventory at its self-owned overseas warehouses. Daiwa maintains a buy rating but cuts its target price to CNY125 from CNY135, citing weaker-than-expected 3Q earnings. Shares slide 7.9% lower to CNY92.96. (justina.lee@wsj.com)
0155GMT-大和資本表示，Anker Innovation Technology的新產品平均售價較高，可能有助於抵消原材料價格上漲帶來的一些壓力。從第四季度開始，消費者對iPhone13配件的強勁需求可能會讓該公司受益，大和指出，Anker一直在擴大產品類別，以吸引更多客户。高昂的海運成本對Anker的影響應該是有限的，因為該公司一直在自己擁有的海外倉庫囤積庫存。大和維持買入評級，但將目標價從135元下調至125元，理由是第三季度收益弱於預期。股價下跌7.9%，至人民幣92.96元。(justina.lee@wsj.com)