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《大行报告》高盛上调美团(03690.HK)目标价至349元 扩展线上杂货市场
阿思达克 11-12 11:55
高盛发表报告表示,预计到2025年内地线上杂货销售将占全国杂货销售的近一半,线上杂货市场规模将达到7万亿人民币,对比2019年为不足2万亿人民币,该行基於美团的跨城市业务、美团精选,美团闪购和美团杂货店的综合商业模式,决定将杂货店业务的扩张纳入该行预测。

该行料美团将继续利用其在中国服务市场的领先地位及利用其实力,决定上调对其目标价由256元升至349元,此按2022年预测折现现金流方式作伎值,并将估值伸延至2025年,维持「买入」评级。

高盛料美团今年第三季业绩可符预期,估计收入录350亿人民币按年升26%,料非公认国际会计则营运溢利8.22亿人民币,并估计旗下外卖订单及交易规模按年各升30%及35%。

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