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富瑞:予佐丹奴、利福國際買入評級
格隆匯 01-26 17:21

富瑞發表研究報吿指,香港零售業的主要催化劑仍是新冠肺炎的終結,由於確實時間仍不確定,建議留意一些擁有較高本地銷售組合的公司。該行予佐丹奴國際(0709.HK)買入評級,目標價1.86港元。

富瑞指,佐丹奴2019年只有16%的銷售額來自香港,該公司已經受益於去年下半年中國等地區的復甦,這似乎已被投資者忽視,預計佐丹奴2020年淨虧損1.14億港元,銷售額下降36%。

富瑞指,利福國際(1212.HK)則是香港少數幾家下半年本地消費穩定的百貨公司之一,料2020年錄得淨利潤為8700萬元,銷售額下降37%,又料2021年總成交金額將回升至72億港元,予利福買入評級,目標價7.5港元。

富瑞料莎莎國際(0178.HK)2021財年下半年錄得虧損1.11億港元,但喜歡公司管理層保留現金的能力,予莎莎國際持有評級,目標價1.38港元。

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