《大行報告》花旗下調希望教育(01765.HK)目標價至3元 評級「買入」
花旗發表研究報告指出,希望教育(01765.HK)核心淨利潤按年升51%至8.67億元人民幣,符合市場預期。該行引述公司管理層指,近期內地政府發佈《關於推動現代職業教育高質量發展的意見》,鼓勵上市公司提供職業教育及提高招生規模的潛力,對公司而言屬正面。
該行預期,至2022財年,希望教育的學校總數將達至25間,料新建的兩所學校白銀希望職業技術學院及邢臺應用技術職業學院將於首個學年(2021/22)錄得招生人數約3,000,表現強勁。另基於公司穩定的招生人數,以及合併新學校,該行將其2022至2023財年的核心盈利上調4%至5%,惟因近期行業估值下調而調整其未來十二個月市盈率至18倍,目標價由3.6元降至3元,維持「買入」評級。
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