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《大行報告》匯豐研究下調美團(03690.HK)目標價至325元 評級「買入」
阿思達克 11-29 09:56
匯豐研究發表研究報告指,考慮到近期經營前景更加嚴峻,以及對新業務的投資增加,分別對美團(03690.HK)今明兩年收入及淨利潤預測分別下調2%至5%,以及6%。 該行指出,按業務劃分,由於宏觀經濟放緩及疫情反覆,食品配送業務今年第四季及明年首季仍面臨潛在挑戰。由於到店、酒店和旅遊業務相對具韌性,因此收入預測下調幅度較小。 匯豐研究指,管理層將發展重心轉向質量增長和改善單位經濟效率,相應下調社區團購業務收入預測;同時將未來三個季度無人配送、美團單車等新業務的虧損預測上調,預期將抵銷社區團購業務虧損減少的影響,目標價由345元下調至325元,維持「買入」評級。
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