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《大行報告》阿裏巴巴(09988.HK)投資評級及目標價(表)
阿裏巴巴(09988.HK)將於下週四(24日)公佈截至去年12月底止財年(2022財年)第三財季業績,受累宏觀經濟疲軟令收入增長放緩、策略性投資錄較大虧損、毛利率走弱,本網綜合10間券商預測,阿裏巴巴截至2021年12月月底止(2022財年)第三財季非公認會計準則淨利潤料介乎380.64億至493.21億元人民幣,按年下跌16.7%至35.7%;中位數427.56億元人民幣,按年跌27.8%。 本網綜合6間券商預測,阿裏巴巴截至2021年12月月底止(2022財年)第三財季純利料介乎276.52億至455.95億元人民幣,按年下跌42.6%至65.2%;中位數346.84億元人民幣,按年跌56.3%。 投資者將關注阿裏對淘寶特價版對用戶羣擴張的拉動作用和淘菜菜提升消費者「錢包份額」取展、最新營運及監管指引,包括核心業務客戶管理收入(CMR)增速會否持續低於於商品交易總額(GMV)增速。 下表列出22間券商對阿裏巴巴(09988.HK)評級及目標價: 券商│投資評級│目標價(港元) 富瑞│買入│287元 星展│買入│211元 花旗│買入│210元 中信證券│買入│210元 美銀證券│買入│198元 德銀│買入│186元 招商證券國際│買入│193元 高盛│買入│192元 安信證券│買入│191元 大和│買入│188元 國海證券│買入│187元 中信建投│買入│184元 廣發證券│買入│181.33元 國泰君安│增持│181.2元 中金│跑贏行業│181元 摩根大通│增持│175元 中銀國際│買入│172元 建銀國際│跑贏大市│171.5元 瑞信│跑贏大市│170元 大華繼顯│買入│167元 匯豐環球研究│買入│166元 瑞銀│買入│161元
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