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《大行報告》瑞銀下調澳優(01717.HK)目標價至13.6元 評級「買入」
阿思達克 08-17 10:09
瑞銀發表報告指,將澳優(01717.HK)2021年至2023年的盈利預測降低5%至9%,以考慮到較低的新生兒數目預期,澳優2021年和2022年的市盈率預測分別為9.3倍和8倍,2021年至2023年的每股盈利複合增長率為21%,估值偏低,重申「買入」評級,目標價由15元降至13.6元。 瑞銀指,澳優的股價疲軟主要是由於市場對新生兒數量下降和對配方奶粉零售價格的潛在監管擔憂。然而,該行預計在政府激勵計劃幫助下,未來幾年的新生兒數量將趨於穩定。管理層亦表示會在適當的時候考慮回購。
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