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《大行報告》瑞銀下調新東方在線(01797.HK)目標價至34元 評級「買入」
阿思達克 03-01 11:36
瑞銀發表報告指,雖然新東方在線(01797.HK)中期虧損符合其盈警,但收入較預期為低,主要由於在疫情期間取消或延遲考試,影響大學教育業務;疫情亦影響K12客流,令變現放慢。

該行表示,管理層重申未來對內容研發的承諾,並以保守態度對待廣告支出,而非更依靠K12線下客戶收購和小班線上教學東方優播(DFUB)等,相信雖然進度較慢,但是屬於更為健康的增長。

瑞銀下調新東方在線股份目標價,由51元降至34元,評級維持「買入」,相信市場已反映對集團近期前景較為看淡。

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