《大行报告》美银证券:万国数据(09698.HK)股价回落提供买入良机 目标价111.5元
美银发表研究报告指与万国数据(09698.HK)管理层就行业定价、供需情况、监管及ESG要求等各方面进行讨论後,对其看法维持正面,重申「买入」评级,认为近期股价回落属入市好时机。
该行指,近期一个在江苏的数据中心项目出现高度竞争引起市场关注,有价格战的潜在风险,惟公司指出该项目属个别例子,表明在定价上没有压力。
美银认为,在中国数字化、5G、物联网生态等发展下,数据行业未来需求仍然强劲,加上一线城市供应紧张,万国数据更有优势,基於2022年企业价值倍数约37.5倍,予目标价111.5元。
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