摩通:維持美團(3690.HK)目標價120港元 評級“增持”
摩根大通發表報告表示,引述美團點評(3690.HK)管理層透露,外賣業務較到店業務復甦得快,料外賣業務於今年第二季會回覆正增長;但店內交易恢復緩慢且面臨更多挑戰,包括進一步的社會疏離措施帶來的風險,可能會導致越來越多的商家關閉。
該行指,美團外賣及到店業務的變現能力短期內會受到商家的措施所影響,由於前景未明朗,公司目前尚未決定其投資步伐。該行稱,即使美團短期內盈利能力轉弱,但對其長期線上擴張及改善盈利能力有信心。因此維持其目標價為120港元及“
增持”評級。Follow us
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