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瑞銀:降IMAX中國(01970.HK)目標價至20港元 評級“中性”
格隆匯 10-02 11:26

瑞銀髮表報告,預期中國在國慶周的電影票房應可見覆蘇,主要由於有受注目的電影上映,及去年同期的比較基數較低。該行相信IMAX中國(01970.HK)可因此受惠,因「我和我的祖國」、「攀登者」及「中國機長」三部新上電影均有IMAX版本,而且在此期間上映的電影與上一假期檔期相比,有更多動作及宏偉場景,更為適合IMAX放映。

由於更新了對IMAX中國的加權平均資本成本(WACC)及長期盈利預測,瑞銀下調對集團的股份目標價,由21.5港元降至20港元,評級維持“中性”

該行提到,IMAX中國股價在9月反彈約10%,相信部分是由於市場對國慶檔期的預期。至於今明兩年前景展望方面,瑞銀指網絡拓展仍然重要,而影院營運商的需求對IMAX網絡的拓展為關鍵,雖然有投資者擔心影院營運商的短期需求,不過考慮到長期增長潛力,該行相信集團管理對前景仍然樂觀。

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