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《大行报告》美银证券下调呷哺呷哺(00520.HK)目标价至18.8元 评级「买入」
阿思达克 04-21 10:07
美银证券发表研究报告指,呷哺呷哺(00520.HK)确认旗下凑凑CEO张振纬离任的消息,张氏自品牌创立後,一直出任CEO职位。凑凑在过去数年一直录稳健增长,分店数目140间,去年收入达17亿元人民币(占集团整体31%),并成为公司增长主要动力。虽然短期经营稳定,但不排除未来经营存在不确定性。

该行指,凑凑於首季扩张未符预期,只录3间新店,而全年目标为70间。不过,因应首季属传统开店淡季,料余下时间扩张会逐步加快。暂时维持对公司的预期,目标价下调9%至18.8元,维持「买入」评级。

该行又指,公司4月份营运按月有改善,而复苏速度在上市同业中最快,即将迎接5月黄金周和6月起的学校假期,相信第二季表现会较首季更好。

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