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《大行報告》瑞信上調周黑鴨(01458.HK)目標價至9.55元 評級「跑贏大市」
阿思達克 04-08 09:41
瑞信發表研報指,周黑鴨(01458.HK)2020年業績表現強勁,反映2019年底起推行的加盟模式奏效。截至去年底加盟店數量達到598間,超出增長指引,管理層現時預期今年將新開設800至1,000間加盟店,並預期未來三年分店總數量將達到4,000至5,000間。

該行指,公司對今年自營店的復甦情況有信心,3月份經營情況亦見起色,位處於交通樞紐的分店表現更突出,預期4月至5月可延續復甦趨勢。

瑞信指,公司的發展策略可為長期增長提供良好基礎,維持2021年每股盈測,並上調2022年每股盈測約8%,目標價由8.7元升至9.55元,予「跑贏大市」評級。

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