招銀國際:維持FriendTimes(6820.HK)“買入”評級 目標價3.1港元
招銀國際於2月28日發佈關於FriendTimes(6820.HK)的研報,維持該公司“買入”評級。基於近期遊戲行業的估值反彈以及公司遊戲的強勁表現,該機構將目標價從2.0港元上調至3.1港元(對應2020年預測市盈率為11倍),仍低於行業平均20倍的市盈率水平。
研報指出,疫情和FriendTimes2020年上半年的強勁增長將有助於其進行重新評估。該機構認為財務預測幾乎沒有變化。有三個因素將給股價帶來積極影響的催化因素:1)預計2019財年業績穩定;2)《浮生為卿歌》的業績增長及新遊戲的推出;3)潛在的股息。

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