《大行報告》美團(03690.HK)投資評級及目標價(表)
美團(03690.HK)將於下周五(26日)公布截至9月底止第三季業績,受內地疫情反覆令外賣及到店業務承壓、新業務(美團優選)相關投資虧損及遭市監局就「二選一」壟斷行為罰款34.4億人幣等因素拖累下,本網綜合12間券商預測,美團2021年第三季非國際財務報告準則虧損料介乎51.35億至69.24億元人民幣,較2020年第三季溢利20.55億元人民幣由盈轉虧;中位數為虧損54.65億元人民幣。
綜合9間券商預測,美團2021年第三季虧損料介乎61.58億至115.31億元人民幣,較2020年第三季溢利63.21億元人民幣由盈轉虧。中位數虧損94.04億元人民幣。由於內地「二選一」題得到解決後,市場將關注美團如何實維持騎手的社保等權益及潛在所帶來影響、疫情反覆如何影響目前及未來業務拓展、社區團購業務競爭及如何逐漸過渡到平台主動控量、優化供應鏈的階段。
下表列出24間券商對其評級及目標價:
券商│投資評級│目標價(港元)
國金証券│買入│413元
里昂│買入│400元
國泰君安│增持│383.73元
花旗│買入│364元
野村│買入│354元
中信建投│買入│346.29元
傑富瑞│買入│346元
中銀國際│買入│340元
星展│買入│338元
招商證券國際│買入│335元
匯豐環球研究│買入│330元
瑞銀│買入│330元
中金│跑贏行業│324元
交銀國際│買入│323元
摩根士丹利│增持│320元
中信証券│買入│318元
高盛│買入│312元
光大証券│買入│305.71元
華泰証券│買入│304.9元
凱基證券│持有│300元
摩根大通│增持│300元
中國銀河國際│增持│299元
麥格理│中性│244元
大華繼顯│持有│242元
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