《大行报告》瑞银升民生教育(01569.HK)评级至「买入」目标价2.11元
瑞银发表报告指,民生教育(01569.HK)股价由5月开始回调了22%,表现跑输MSCI中国14%,因此上调其股份评级,由「中性」升至「买入」,目标价则维持2.11元。瑞银相信,集团股份目前的风险回报吸引,现时估值较其上市以来的平均市盈率低1.7个标准差。
该行又称,民生教育股价表现疲弱,可能是由於内地民办教育促进法实施条例最终定稿或有所延迟,以及有投资者要减少损失出售股份。而集团无论在监管层面或公司层面的基本面大致保持不变,因此认为其股价表现已脱离基本面。
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