《大行報告》大摩相信高鑫零售(06808.HK)股價30日內將升 評級「與大市同步」
摩根士丹利發表研究報告,預期高鑫零售(06808.HK)的股價在未來30日內有70%至80%機率會上升,評級為「與大市同步」。
大摩指出,隨著內地多個城市宣布不鼓勵市民外出,愈來愈多餐廳暫時停業,超市需求持續增加,雖然高鑫零售暫時關閉10多家門店,約佔門店總數的2%,其線下客流量也可能受到疫情負面影響,但相信為業務貢獻50%的華東地區門店需求仍然強勁。
根據該行估算,高鑫零售現價水平為2023年預測市盈率的約16倍,僅為疫情前水平的55%,考慮到需求暫時改善認為風險回報偏向上行,給予目標價3.9元,低於其歷史平均水平,原因為競爭加劇可能會令盈利能力受壓。
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