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《大行報告》麥格理下調達利食品(03799.HK)目標價至3.49元 評級「跑輸大市」
阿思達克 03-31 15:05
麥格理發表研究報告指,達利食品(03799.HK)去年收入按年增長6.4%,純利下降 3.2%;由於成本通脹,去年下半年純利下降13.2%。由於今年上半年受到疫情及高基數影響,而下半年業務料復甦,管理層預計今年收入增長將介乎高單位數至低十位數。 該行預計原材料價格上升將繼續對利潤構成壓力,考慮到銷售增長放緩及成本上升,將今明兩年盈利預測下調8.3%及5.3%,基於今年預測市盈率約12倍不變,將目標價從3.7元下調至3.49元,維持「跑輸大市」評級。
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