《大行報告》美團(03690.HK)投資評級及目標價(表)(更新)
美團(03690.HK)將於下周一(30日)公布截至今年9月底止第三季度業績,券商料美團因對雜貨業務等新業務進行投資(海通國際更估計美團上季新業務虧損將擴大至24億人民幣)、並為鼓勵消費推出更高補貼,關注季內純利按季會受擠壓,本網綜合4間券商預測,美團今年第三季溢利料介乎虧損7.44億至錄溢利4.26億元人民幣,對比2019年第三季溢利13.33億元人民幣,按年盈轉虧至溢利按年下跌68%,中位數為虧損3,300萬人民幣,按年盈轉虧。
基於市場預期新業務虧損或擴大拖累,綜合6間券商預測,美團今年第三季非國際財務報告準則經調整溢利料介乎7.85億至30.93億元人民幣,較2019年同期19.42億人民幣,按年跌59.6%至增加59.3%,中位數為14.92億元人民幣,按年跌23.2%。而本網綜合14間券商預測,美團今年第三季收入料介乎330.86億至348億元人民幣,較2019年同期274.93億元人民幣,按年增加20.3%至增加26.5%,中位數為344.57億元人民幣,按年增加25.3%。
投資者將注視美團管理層對新業務及反壟斷指引的最新指引。
下表列出22間券商對其港股評級及目標價:
券商│投資評級│目標價(元)
匯豐環球研究│買入│386元
星展│買入│380元
高盛│買入│349元
美銀證券│買入│336元
交銀國際│買入│272->325.3元
瑞信│跑贏大市│310元
海通國際│優於大市│300元
瑞銀│買入│300元
大和│買入│300元
野村│買入│300元
花旗│買入│300元
傑富瑞│買入│300元
里昂│買入│300元
華泰金控│買入│299元
中信証券│買入│290.6元
中國銀河國際│收集│286元
華創証券│推薦│285元
摩根士丹利│增持│280元
建銀國際│跑贏大市│273.35元
中銀國際│買入│271元
工銀國際│跑贏大市│270元
摩根大通│中性│235元
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