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《大行報告》瑞信首予中教控股(00839.HK)「跑贏大市」評級 目標價18.6元
阿思達克 07-28 09:48
瑞信發表報告表示,首予中教控股(00839.HK)「跑贏大市」評級及目標價18.6元,相信其為內地高等職業教育政策的主要受益者。該行料2019至2022財年間,中教控股經調整純利年均複合增長達26.6%;並料其2020至2022財年間,年度收生人數增長10%,將推動年度自然收入增長達15%。

報告指,全國高等教育總入學率2019年已增至52%,估計內地將為未來五年設定新目標,並估計到2025年總入學率將達到65%。該行預期,內地規管加速整合且幫助中教的獨立學院加快完成轉換;又相信中教自然增長率高,可產生強勁現金流。

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