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《大行報告》大和:蒙牛(02319.HK)獲達能落實出售股權可去除不明朗 重申「買入」評級
阿思達克 05-13 12:12
達能集團(Danone)公布完成出售蒙牛乳業(02319.HK)達9.8%的股份。大和發表報告表示,達能若落實出售蒙牛的9.8%股權,相信可以消除市場對蒙牛不明朗因素,指達能和蒙牛目前在內地共同經營冷藏及酸奶產品合營公司,而達能持有嬰兒配方奶粉公司雅士利(01230.HK)共25%股權。據蒙牛管理層指,公司目前營運不會改變,而以達能為品牌的酸奶產品,目前佔蒙牛冷藏產品僅為一小部分。

大和表示,重申對蒙牛乳業「買入」評級,予12個月目標價55元,此相當於2021年預測市盈率35倍,與大型同業估值相約。

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