You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》大摩上調周黑鴨(01458.HK)目標價至3.6元 評級「減持」
阿思達克 04-02 09:44
摩根士丹利發表研究報告,考慮到新型冠狀病毒的影響,將周黑鴨(01458.HK)2020及2021年的銷售及盈利預測下調。然而,將目標價提升9%,由3.3元升至3.6元,以反映其特許經營模式能在未來數年為公司提供現金流。由於現時的盈利不確定性大,現估值相當於2021年預測市盈率22倍,就未來復甦憧憬,該行認為投資者未來將有更好買入機會,投資評級「減持」。

該行引述管理層指,雖然湖北省以外超過80%的店舖已恢復營運,但疲弱的出外需求將會限制整體需求。為了減輕影響,公司已與業主傾談減租,並調整員工的輪班工作,以減低勞工成本。但公司預期原材料成本的不利因素將會繼續令今年毛利率受壓,家禽的價格在去年下半年以來已大幅上漲。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account