《大行报告》高盛升美团点评(03690.HK)目标价至97.5元 评级「买入」
高盛发表的报告指,美团点评(03690.HK)继续巩固在中国消费服务市场的领导地位,该行认为相关范畴是中国互联网行业中增长可见性最高之一,主要受惠市场结构有利以及线上渗透率有进一步的提升空间。该行预期美团可继续受惠线上营销收入增长及外卖服务表现,料其2019-22年收入年复合增长可达32%,预测到2022年盈利将由今年的5亿元人民币(下同)提升至320亿元,该行将其目标价升至97.5元,重申「买入」评级。
高盛认为美团在食物领域仍具领导地位,公司提供在内地最广泛的餐厅服务,包括店内用餐、餐厅点评、软件及食物分发系统,另外亦具广泛的商户覆盖,同时具备最大的自建派送网络,加上公司有跨平台销售的成功例子,过往亦曾将其食物领域的用户推广至美容、医疗健康等领域。
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