《大行報告》《大行報告》高盛下調騰訊(00700.HK)目標價至702元 維持「確信買入」名單
高盛發表報告,指騰訊(00700.HK)在2021年有逾260個投資項目,估計在14個月內,騰訊已經退出約500億美元的投資。該行認爲,新的投資應該會帶動騰訊中長期收入增長加快並推高盈利,而退出投資應該會降低控股公司的折扣。該行將騰訊目標價由733元下調至702元,此相當預測明年市盈率28倍,維持「買入」評級及「確信買入」名單。
高盛表示,騰訊減持Sea Ltd (SE.US)部分股權連帶投票權變動,可能會賦予Sea在新市場尋求機會所需的靈活性,另外宏觀經濟疲軟將令疊加監管因素,將令拖累騰訊去年第四季廣告收入。高盛將騰訊2021年第四季收入預測下調3%,至1,487億元人民幣,按年增長11%。
不過高盛認爲,騰訊有新網絡遊戲推出,能帶動收入增長,廣告短片收入變現能力恢復,其雲業務增長水平高過行業平均,金融科技業務結構性穩定。
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