You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》瑞銀料美團(03690.HK)短期股價於170元附近獲支持
阿思達克 02-21 09:39
瑞銀發表研究報告指,國家發改委等14個部委及監管機構上周五(18日)印發,《關於促進服務業領域困難行業恢復發展的若干政策》的通知,引導外賣等互聯網平台企業進一步下調餐飲業商戶服務費標準,降低相關餐飲企業經營成本,消息拖累美團股價表現。 瑞銀認為,投資者對監管消息反應過度,又指出2021年大部分時間中投資者對美團的監管影響看法過於消極,認為相關食品配送的調整影響較預期中小,美團去年亦明確調整服務及費用水平。雖然美團股價調整後風險回報看起來很有吸引力,但該行認為投資者將較審慎,觀望進一步監管消息。 瑞銀預期第二至第三季消費者信心改善,將成為美團股價的潛在催化劑,估計業績公布後市場對今年上半年盈利預期將下降,以反映疫情相關影響。該行預測今年首季及第二季度美團收入將分別達到447億及562億元人民幣,分別比市場預期低6.3%和3.2%;預期息稅前利潤將達到56億元人民幣,較市場預期高出約5億元人民幣。 該行又預期,由於宏觀環境改善及政府政策支持,美團第二及第三季收入按年增長將重新加快,隨著投資者未來幾個季度了解食品配送市場狀況,股價表現料有所改善,短期內預期股價在170元附近有支持,目標價維持320元,重申評級「買入」。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account