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《大行報告》大摩下調百威亞太(01876.HK)目標價至29元 評級「增持」
阿思達克 09-30 09:56
摩根士丹利發表報告,指更新對百威亞太(01876.HK)風險回報率,下調對其目標價由32元降至29元,相當預測2022年企業價值對EBITDA的20倍,評級「增持」。 該行指,內地部份地區再有確診新冠肺炎個案,令部份渠道受影響,同時南韓和印度限制營業時間和社交距離措施仍然持續。而好的方面,在公司在中國市場品牌升級的過程進展良好,在南韓推出的新產品亦見市佔率上升。 大摩指,因應短期疫情影響,下調對百威亞太今年收入預期3%及明年收入預期1%,降今明兩年EBITDA預測各2%及1%,該行下調今明兩年純利預測各11%及6%。
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