You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行报告》美银证券下调呷哺呷哺(00520.HK)评级至「跑输大市」 降目标价至10.8元
阿思达克 05-24 14:07
美银证券发表的报告,将呷哺呷哺(00520.HK)评级降至「跑输大市」,认为高层变动的不确定性在短期内增加,而公司亦宣布因子品牌表现未如理想首席执行官将退任,并由主席担任首席执行官,是继凑凑首席执行官辞任後短期内第二次有高层变动。公司正在准备员工奖励计划,以招聘及留住人才,该行相信是正确方向,不过未必可以即时解决管理层方面的问题。此外,今年以来两个品牌的开店表现亦差过预期,加上销售复苏缓慢,故将公司2021-22年每股盈测降22-23%,目标价由18.8元降至10.8元。

该行指出,今年以来公司开设20家呷哺呷哺分店及4家凑凑分店,暂时跑输全年目标,此外呷哺的复苏情况到4月份仅回复至疫情前不足80%,而凑凑则为疫情前的90%,比例差过3月份,表现亦差过同行九毛九(09922.HK),考虑到近期管理层转变,认为复苏步伐的可见性较低。

该行估计公司呷哺品牌短期前景仍受压,公司或需要更多时间解决跨地区扩张的问题,虽然公司正研究员工奖励计划,不过相信难解决短期管理问题,并将令经营开支提升,拖累盈利能力。(el/u) ~

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account