《大行報告》大和下調阿里健康(00241.HK)目標價至27元 評級「買入」
大和發表報告表示,引述阿里健康(00241.HK)管理層表示,於直銷業務上將戰略性地專注於藥品銷售、提供更多產品及服務等。公司對總商品交易額前景感正面,更料中期而言維持強勁增長勢頭;至於低利潤處方藥的快速增長,或會拖累整體毛利率表現。
該行下調其2022至2023財年盈利預測13%至27%,以反映其毛利率受壓及資本開支增加等因素,同時將其目標市銷率由15倍降至11倍,目標價由32.8元降下調至27元,維持「買入」評級。
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