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《大行报告》美银美林下调呷哺呷哺(00520.HK)目标价至13.5元 评级「买入」
阿思达克 09-02 11:56

美银美林下调呷哺呷哺(00520.HK)目标价,由14.5元降至13.5元,维持「买入」评级,同时下调对该股今年至2021年每股盈利预测12%至23%,以反映毛利率下降及会计标准变更。该行指出,呷哺呷哺股价自3月高位下跌31%,跑输国指同期11%跌幅,股价应已大致反映业务风险。

该行又指,公司7至8月同店销售增长较上半年加快,预期趋势将於年内维持,尤其考虑去年第四季低基数。该行预期同店销售增长及经调整纯利增长将回复正数。

该行预期,基於同店销售增长改善、低基数及凑凑火锅(Coucou)盈利贡献增加,公司盈利增长将於下半年开始复苏。

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