《大行报告》瑞信上调金沙中国(01928.HK)目标价至44元 首季业绩符预期
瑞信发表报告表示,金沙中国(01928.HK)今年首季EBITDA录按季跌92%至6,700万美元,符合预期,其中贵宾厅市场占比下跌,中场亦较弱,相信派息会在业务正常化後恢复。
该行指,金沙中国估值吸引,不论其增长和息率方面,公司管理层预期自5月起,内地对澳门自由行政策会分批恢复,首批为广东省,长远有利公司。需求见增长,同时中介人亦开始恢复与客户有密切联系,而澳门赌场的面积较大,可降低社交距离之影响,同时未来见利润改善。
瑞信表示,维持对澳门博彩行业正面的看法,公司长远表现亦稳健,新的伦敦人亦有助提升市占率,目标价由43.3元升至44元,维持「跑赢大市」评级。
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