《大行报告》瑞信首予锦欣生殖(01951.HK)「跑赢大市」评级目标价12.25元
瑞信发表研究报告,首予锦欣生殖(01951.HK)「跑赢大市」评级,相信其辅助生殖服务将会在中国越来越受欢迎,因政府担心人口老化及晚婚问题,以及可支配收入增加,而目前有关项目仍在发展阶段有巨大潜力,而且入门门槛高,行业竞争者有限。该行给予公司12.25元目标价。
该行估计潜在的中国辅助生殖服务市场规模约294亿美元,是去年实际市场规模38亿美元约8倍,在生育率不足,以及可负担的情况增加下,相信辅助生殖服务可受惠。
该行又指,公司在辅助生殖服务是有稳健表现的企业,在四川的市占率达50%,加上公司收购深圳中山泌尿外科医院,及开拓海外市场,相信有助公司可通过并购建立自己的全球领导地位。
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