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高盛:首納阿里巴巴(9988.HK)“確信名單”名單 目標價252港元
格隆匯 12-05 10:55

高盛發表研究報告,首予阿里巴巴(09988.HK)“買入”評級,並納入其“確信名單”名單,目標價252港元,反映有31%的上行空間。該行的中國股票策略師劉勁津估計未來三年將吸納50億美元的南向資金,料可為股價帶來穩定支撐。

該行列出三個現時購買阿里的原因,第一個是考慮其規模、協同效應及買家,認為公司繼續聚焦帶動9.6億名用户及旗下產品、服務的協同,公司已吸納內地近三分之一的零售消費,並已進一步滲透低端城市。

另一原因是公司的高管十分有經驗,相信他們可繼續帶動產品創新,並在不同產品線上帶來增長,而阿里的夥伴架構設計亦有利其經營模式長期穩定。第三個原因則是公司增長潛力,現時公司的五年計劃在正軌上,預期變現比例較低的資產亦將在2020財年為收入增長帶來顯着貢獻。

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