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《大行報告》瑞信下調新濠(00200.HK)目標價至8.4元 評級「跑輸大市」
阿思達克 10-15 10:54
瑞信發表研究報告,指即使濠賭股股價大幅調整,重申對板塊審慎看法,認爲估值合理,缺乏短期催化劑、盈利有下行風險、《博彩法》修訂帶來監管不確定性,以及內地消費需求放緩等。 該行預期新濠國際發展(00200.HK)第三季稅息折舊及攤銷前盈利(EBITDA)料降至2,400萬美元,主因贏率下跌,但非澳門業務抵銷部分負面影響。 瑞信又稱,考慮第三季賭收疲弱及至料10月底止賭收放緩,降2021至23年賭收預期至疫情前水平分別31%、56%及70%,並降新濠盈利預期,目標價由9.3元降至8.4元,維持「跑輸大市」評級。
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