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《大行報告》美團點評(03690.HK)投資評級及目標價(表)
阿思達克 05-21 16:02
美團點評(03690.HK)將於下周一(25日)公布今年首季度業績,公司3月底時曾發通告指,受疫情影響估計首季度收入將錄得按年負值增長及經營虧損。由於內地積極推動復工復產,券商料公司外賣業務恢復相對較佳,但隔座就餐仍影響到店消費。本網綜合5間券商預測,美團今年非國際財務報告準則經調整虧損淨額料介乎8.22億至13.86億元人民幣,較2019年同期經調整虧損淨額10.39億元人民幣,按年收窄20.9%至擴大33.5%,中位數為虧損13.03億元人民幣,按年擴大25.4%。

本網綜合5間券商預測,美團點評今年首季虧損料介乎13.93億至19.57億元人民幣,較2019年首季虧損14.33億元人民幣,按年收窄2.8%至擴大36.6%,中位數為虧損16.6億元人民幣(按年擴大15.8%)。

市場關注美團給予最新管理層指引、外賣業務在疫情後最新平台營銷及增值務業務策略、公司未來會否加大新業務包括電商業務如美團閃購和自營模式美團買菜等投資;公司與阿里巴巴(09988.HK)在本地生活業務的競爭、關注來自抖音、快手及小紅書切入本地生活服務到店業務的競爭、及出行業務及商戶服務策略等。

現表列出29間券商對其評級及目標價:

券商│投資評級│目標價(港元)

星展│買入│141元

華興資本│買入│140元

方正證券│推薦│139.4元

瑞信│跑贏大市│139元

國盛證券│買入│137元

傑富瑞│買入│134元

海通國際│買入│133.86元

中信證券│買入│131.3元

里昂│買入│130元

大和│買入│130元

中信建投證券│買入│128元

招商證券國際│買入│121元

摩根士丹利│增持│120元

摩根大通│增持│120元

招銀國際│買入│120元

太平洋證券│買入│120元

國泰君安│增持│119.7元

廣發證券│買入│118元

花旗│買入│117元

高盛│買入│116元

工銀國際│買入│115元

美銀證券│買入│114元

野村│買入│114元

建銀國際│跑贏大市│110元

中金│跑贏行業│110元

中銀國際│買入│108元

安信證券│買入│107.1元

申萬宏源│跑贏大市│102元

東吳證券│買入│100元

(fc/w)

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