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《大行報告》摩通上調普拉達(01913.HK)目標價至30元 評級「增持」
阿思達克 06-18 11:14
摩根大通發表研究報告,已進一步下調對普拉達(01913.HK)預測,以反映奢侈品行業今年上半年跌幅及下半年復甦較該行原先預期更差,包括普拉達。現預期普拉達2020財年淨收入跌22%,並料錄EBIT虧損1,300萬歐元,但上其調目標價,由28港元升至30港元,以反映該行下調預測已隨時間淡化,及整體股市股權風險溢價走低,評級「增持」。

該行指,因應疫情影響,普拉達上半財年EBIT料錄明顯虧損,預期交通和客流持續受壓,將致其下半財年難以收復上半財年失地,並料全年度將錄虧損,但相信年度虧損幅度將小於上半財年蝕幅。不過摩通稱,相信普拉達旗下品牌有足夠現金渡過疫情危機,相信公司在明年及之後有急劇復甦。另今年9月20日聯席創意總監Miuccia Prada與Raf Simons首個聯展,將屬普拉達未來發展提供啟示。

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