《大行報告》野村上調美團(03690.HK)目標價至452元 評級「買入」
野村發表報告表示,預期美團(03690.HK)去年第四季整體收益按年升31%至370億元人民幣,與市場預期一致;非通用會計準則(Non-GAAP)經營虧損率為7.1%,按年及按季下跌12.5個百分點及11.5個百分點,主因新業務錄較高虧損所拖累,尤其是上季開始的社區雜貨業務,故Non-GAAP每股虧損料為0.43元人民幣。
該行又指,相信美團外賣配送及到店餐飲業務持續穩健復甦,上調其今年度收益預測8%,惟降其2020至2021年度經營利潤率預測3及15個百分點,以反映雜貨業務方面較大投資,但維持其「買人」評級,目標價由342元升至452元。
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