大摩:賭業股調整為選擇性吸納機會,升金沙中國評級至增持
摩根士丹利發表研究報吿,就澳門區政府推出修訂博彩法諮詢文件後,濠賭股上週股價調整約20至40%,但基於澳門旅客流量可望於2022年及2023年恢復,相信為賭業股帶來選擇性吸納機會。
大摩表示,有信心澳門賭業未來需求復甦,帶動中場收入高於2019年的表現,但目前疫情影響的情況持續時間高於預期,即令即使股價下跌,估值仍然高企。
該行看好銀河娛樂(0027.HK)多於金沙中國(1928.HK),維持增持評級,將目標價由70港元降至48港元;該行亦上調對金沙中國的評級,由與大市同步升至增持,將目標價由31港元降至20港元。下調對澳博控股(0880.HK)評級由增持降至減持,將目標價由11港元降至4.5港元。
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