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《大行报告》汇丰上调海底捞(06862.HK)目标价至38.5元 评级「减持」
阿思达克 12-10 09:46
汇丰环球研究发表报告,维持对海底捞(06862.HK)收入的负面展望,主因相信集团的翻桌率恢复令人失望,令每餐厅的销售低於预期。因此,即使在调高集团今年至2022年的开店预测至420、380及380间後,该行对其相应年份的收入预期仍分别下调5%、9%及4%。

不过,汇丰又称海底捞致力控制成本,特别是采购及员工成本,相信集团在关连方交易下成本可得到削减。该行上调集团今年下半年餐厅毛利率预测,由5.3%升至9.9%,明年则由10.5%升至11.8%,并因而调升其今明两年每股盈利预测,今年由0.01元升至0.09元人民币,明年由0.7元升至0.74元人民币,至於2022年由1.01元降至0.94元人民币。

汇丰同时上调海底捞股份目标价,由30.2元升至38.5元,评级维持「减持」。

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