《大行报告》瑞信上调百胜中国(09987.HK)目标价至559元 评级「跑赢大市」
瑞信发表报告指,百胜中国(09987.HK)(YUMC.US)今年首季收入按年增长46%至25.57亿美元,经调整纯利更按年上升271%至2.33亿美元,分别优於市场预期15%及24%。增长强劲主要是由肯德基门店扩张、必胜客同店销售复苏,及此两品牌的毛利率改善至2019年同季相若水平所推动。
该行上调百胜中国股份目标价,由512元升至559元,评级维持「跑赢大市」,并调升集团今年盈利预测7%。瑞信预期,集团今年可录10%的单位增长,同店销售则料升9%,至於餐厅毛利率估计为16.5%。(ek)~
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