《大行報告》麥格理上調康師傅(00322.HK)目標價至20.3元 評級「跑贏大市」
麥格理發表研究報告,指康師傅(00322.HK)上半年收入按年增7.5%,勝市場預期3.7%;純利跌14.5%,稍低於預期,主因毛利率下跌,以及一次性收益減少。今年全年計,康師傅預期收入錄中至高單位數增長;計及單次性項目,純利料錄低單位數跌幅,主因原材料成本上升,以及今年政府補貼減少。因應康師傅上半年業績勝該行原先預期,上調今明兩年盈測分別4.8%及0.4%,目標價由18.4元升至20.3元,維持予「跑贏大市」評級。
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