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花旗:升歐舒丹(0973.HK)目標價至21.2港元 評級“買入”
格隆匯 11-26 10:58

花旗發表報告表示,歐舒丹(00973.HK)上半財年核心盈利按年升近3倍,主因是約6%自然銷售增長以及Elemis合併,帶動經營槓桿改善。該行相信,上半年銷售符合管理層預期之全年中至高雙位數的增長目標。

報告補充,其管理層透露10至11月銷售表現持續穩健,當中內地市場在雙11銷售理想帶動下,對疲弱的香港及美國業務有所彌補。該行維持其2020年度盈利預測,但上調2021至2022年度盈利預測2%,以反映較高銷售表現及營運利潤率擴張之預期。同時將歐舒丹目標價由18.4港元升至21.2港元,維持“買入”評級。

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