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《大行報告》中金升永利澳門(01128.HK)評級至「跑贏行業」 目標價上調至9.8元
阿思達克 02-18 11:45
中金髮表報告,調升永利澳門(01128.HK)評級至「跑贏行業」,目標價上調38%至9.8元。 報告解釋上調原因包括高端中場業務推動強勁復甦,去年第四季中場業務博彩收入按季上升14%,2022年春節假期博彩業務的復甦由高端中場業務主導,公司管理層表示,相較2019年春節假期,直接貴賓業務轉碼數已恢復到88%的水平, 中場業務投注數已恢復到60%的水平。另外,中介貴賓客人向直接貴賓和高端中場的轉移趨勢明顯。而永利渡假村在拉斯維加斯和波士頓的博彩業務復甦亦都強勁。 中金維持對永利澳門今年收入和經調整EBITDA預測不變,並將2023年收入和經調整EBITDA預測上調3%和4%,主要考慮到博彩中介需求逐漸向利潤率更高的直接貴賓和高端中場轉移;澳門新博彩法逐漸明朗。
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