[Brokerage Focus] BOCOM International maintains NIO (NIO) "buy" rating, pointing out that the quarter-on-quarter increase in Ledao L60 sales will support the stock price rebound

金吾财讯09-23

Jinwu Financial InformationBank of Communications InternationalAccording to the research report,Nio(NIO) Ledao L60 is officially launched. There are two new models in total, priced at 206,900 yuan and 235,900 yuan respectively. The bank pointed out that the pricing of Ledao L60 is 43,000 yuan lower than that of its main competitor Model Y. If the BaaS solution is adopted, the price difference will be further widened. The bank continued to refer to the internal space, equipment andSmartThe cockpit experience is obviously better than that of Model Y. According to the bank, according to the latest price, it believes that the steady-state monthly sales of Ledao L60 are expected to reach the level of 10,000 to 13,000 units. The bank believes that the inflection point has reached and maintains its "buy" rating on the company. The target price of Hong Kong stocks remains at HK $59.88, and the target price of US stocks remains at US $7.7. It believes that the delivery of Ledao L60, the quarter-on-quarter increase in sales and the improvement of automobile gross profit margin will support the stock price rebound.

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Comments

  • taytt
    10-19
    taytt
    Cant agree more. L60 will gradually pickup and game changer for NIO INC
  • Gunveer
    10-01
    Gunveer
    Share your opinion about this news…
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