《大行报告》瑞信下调阿里(09988.HK)目标价至251元 评级「跑赢大市」
瑞信发表报告表示,阿里巴巴(09988.HK)季绩稍逊预期,截至今年3月底止季度收入1,870亿元人民币,按年增长64%;若不考虑合并高鑫零售的影响,收入增长为40%。经调整EBITA录226.12亿元人民币。当中核心电商业务之利润持续下跌6%。
报告又指,相信阿里最低估值为190美元,为长期投资者提供一个较佳入市机会。该行将阿里2022至2023财年盈利预测下调9%至13%,以反映新业务投资的增加,目标价由304元大幅降至251元,维持「跑赢大市」评级。
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