里昂维持同程艺龙(0780.HK)评级“买入”目标价18港元
里昂发表研究报告,指同程艺龙(00780.HK)交通相关收入在第二季放慢,增长只有13%,主因铁路售票网站12306推出候补名单,交通交易额增加50%,变现率跌0.6个百分点至2.7%。

该行相信负面影响会在第三季持续,因是淡季,不过第四季可以有改善,因有农历新年的需求。公司今年经调整的收入预期升20-25%,维持今年超过20%的经调整纯利率预期,符合该行预期最低要求。而该行对同程艺龙今明两年预期保持不变,维持“买入”评级,目标价由18.5港元降至18港元。
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