花旗发表报告指，基于德昌电机开发液态冷却泵及人型机器人关节，上调对公司明年至2028年盈利预测 5%至16%，目标价由29港元上调至45港元，为明年预测市盈率19倍，较平均高2个标准差，或2017年以 来最高倍数，评级由"买入"降至"中性"。 ...

该行目标价为普通汽车产品组别及工商用产品组别市盈率11倍。以及两项新业务明年预测市盈率300 倍。该行认为德昌电机股价上行空间有限，公司发布的现财年中期业绩将显示温和的约10%盈利增长， 且很大程度受惠汇兑因素。投资评级由"买入"降至"中性"。 消息面上，花旗发布报告称，基于德昌电机开发液态冷却泵及人型机械人关节，上调对公司明年至2028 年盈利预测5%至16%，目标价由29港元上调至45港元，为明年预测市盈率19倍，较平均高2个标准差， 或2017年以来最高倍数。该行指，基于其两项新业务的价值重估，德昌电机股价今年累升2.8倍，本月 累升约55%。 德昌电机控股(00179)一度跌超6%，截至发稿，跌4.98%，报41.6港元，成交额1.93亿港元。 ...

Group 1 - The core viewpoint of the article indicates that Citigroup has raised its profit forecast for 德昌电机控股 (Dachang Electric) by 5% to 16% for the years 2024 to 2028, based on the development of liquid cooling pumps and humanoid robot joints [1] - The target price for the company has been increased from 29 HKD to 45 HKD, reflecting a forecasted price-to-earnings ratio of 19 times for next year, which is 2 standard deviations above the average and the highest since 2017 [1] - The stock price of 德昌电机 has increased by 2.8 times this year and approximately 55% this month, indicating strong market performance [1] Group 2 - The target price for the ordinary automotive product group and industrial product group is set at a price-to-earnings ratio of 11 times, while the two new business segments are projected to have a price-to-earnings ratio of 300 times next year [1] - The company is expected to report a moderate profit growth of about 10% for the current fiscal year's interim results, largely benefiting from foreign exchange factors [1] - The investment rating has been downgraded from "Buy" to "Neutral," suggesting limited upside potential for the stock price [1]