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《大行報告》高盛降農夫山泉(09633.HK)評級至「中性」 調整內地消費必需品股目標價
高盛發表報告,預料農夫山泉(09633.HK)在新冠疫情反彈的情況下,近期將面臨成本上漲的不利因素,並認爲作爲一家純飲料公司,農夫山泉可能會面臨比其他餐飲類股份更大的壓力。該行將農夫山泉評級由「買入」下調至「中性」,目標價由48元下調至46元。 高盛認爲,目前疫情和急劇通脹壓力大致已反映在食品和飲料領域估值中,現在憧憬估值或盈利反彈爲時過早,但相信最近的回調爲部分股票提供了有吸引力的買入機會,例如蒙牛(02319.HK)受惠於乳製品的結構性增長,中國飛鶴(06186.HK)和達利食品(03799.HK)在市場份額擴張下的估值仍受壓縮。 高盛調整其他內地消費必需品股目標價,將康師傅控股(00322.HK)目標價由13元上調至13.6元,將其2022-2024年每股盈利預測上調2%-3%;達利食品目標價由5元下調至4.9元;中國旺旺(00151.HK)目標價由6.1元上調至6.3元。目標價和評級詳見另表。
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