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《大行報告》摩通下調高鑫零售(06808.HK)目標價至13元 評級「增持」
阿思達克 03-08 10:09
摩根大通發表研究報告,指高鑫零售(06808.HK)近期股價並無就監管機構介入不公平價格競爭作正面反應,相信投資者目前對社區團購板塊「盒馬集市」與集團的「零售通」社區團購業務合併,以及盒馬鮮生等社區團購業務仍然感到負面,不過該行相信不應被負面解讀,反而是有更多機會讓零售通先整理內部資源,才進一步加深與公司的協作。

該行指,公司的優勢在供應鏈、具全國網絡,以及近期對新業務投資,支持其成為全渠道食品零售領導者。摩通並認為高鑫下半年股價有三大潛在催化劑,包括基數較低帶來同店銷售改善、經營槓桿擴張、進一步與阿里(09988.HK)的新零售生態系統整合,目標價由14元降至13元,維持「增持」評級。

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