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富瑞:予金蝶(0268.HK)買入評級 目標價15.57港元
格隆匯 07-13 12:55

富瑞發表研究報告指,金蝶國際(0268.HK)今年上半年發盈警,主要由於中小企業產品的許可產品銷售快速過渡到SAAS,加上COSMIC項目延誤及持續的研發投資所致。但該行相信,下半年能追回上半年的進度。該行予其買入投資評級,目標價15.57港元。

富瑞表示,金蝶在停止銷售部分許可產品暫停及疫情影響下,料許可產品的收入在上半年按年下跌40%-50%,而雖然上半年雲收入增長40%-50%遜預期,但相信只是合同時間問題,下半年能追回。

富瑞又指,金蝶的COSMIC項目最近通過大型國有企業的認可,令人印象深刻,對其長遠發展維持信心。該行認為,金蝶仍具長遠增長潛力,因發盈警導致股價回調,將提供入市機。

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