富瑞:上調同程藝龍(0780.HK)目標價至24港元 評級“買入”
富瑞發表研究報吿表示,同程藝龍(0780.HK)首季業績表現較預期好,整體收入按年增60.6%至16.14億元(人民幣,下同),高於市場及該行預期,管理層預期第二季整體收入按年升30%至35%,有關指引較市場預期高出約25%,認為公司業務復甦程度較預期好,將公司目標價由22.2港元上調至24港元,重申“買入”評級。
該行表示,管理層在電話會議上提及,本地旅遊業務穩定復甦,未來有機會將進一步擴大於滲透率較低的低線城市客户基礎,並指巴士票務業務客户基礎有潛在擴大空間。該行預期,今年第二季公司整體收入預測按年增長34%,而非國際通用會計準則盈利則達近4億元。該行又料本地酒店房間價格將持續改善,而酒店過夜客房售出量將較2019年同期增長70%。

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