《大行報告》大摩料達利食品(03799.HK)未來30天股價將上揚
摩根士丹利發表技術分析報告,相信達利食品(03799.HK)股價在未來30日將上升,發生機會率為70%至80%,對其評級為「增持」,目標價6.5元。
大摩表示,達利食品於3月30日公布去年業績後股價下跌10%,對比同期恆指為下跌1%。而集團的食物業務在新型肺炎疫情的影響中快速恢復,在3月錄得雙位數增長,集團亦於去年下半年完成渠道重組,料可成今年下半年銷售增速加快的主要推動力(管理層預計可有雙位數增長)。
該行又認為,達利有維持強勁的現金流,未來的派息比率料介乎50%至70%。另外,集團股份現價相當於明年預測市盈率13倍,低於三年平均歷史市盈率的16倍,估值有吸引力。而其今明兩年股息收益率料為4%至5%,自由現金流收益率料5%至7%,可對估值構成支持。
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