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《大行報告》摩通下調百威亞太(01876.HK)目標價至29元 評級「增持」
阿思達克 05-07 14:46
摩根大通發表報告表示,百威亞太(01876.HK)首季收入按年跌39%及錄得虧損,差過市場預期,且較同業遜色。該行相信主因百威亞太於高級餐飲及夜場之銷售渠道的業務比重較高,故受新型肺炎的打擊較大;韓國業務同樣受疫情及宏觀經濟所影響;以及去年中國及韓國業務的基數較高所致。

該行引述百威亞太管理層指,隨著內地餐廳及夜場陸續重新營業,4月份銷量跌幅已收窄至17%,以及渠道存貨處健康水平等;韓國業務於3月底開始亦出現改善。該行補充,即使預期百威亞太業務短期內處困境,但看好其長線前景,相信其盈利於2022年會完全復甦,維持其「增持」評級,但目標價由31元降至29元。

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