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《大行報告》高盛下調海底撈(06862.HK)降至「沽售」 首予海倫司(09869.HK)「買入」評級
高盛發表中國餐飲股報告,監於新冠疫情影響行業的復甦前景和宏觀經濟不確定性,該行將對中國餐飲服務行業2021年至2026年收入複合增長預測,從此前的11%下修至8%,並預計行業2022年將停滯不前,僅按年增長0.6%,並估計隨社交距離措施放寬下,料行業於2023年及2024年將可按年各增長14.5%及10%。 該行表示,重申對百勝中國(YUMC.US)及九毛九(09922.HK)「買入」投資評級,並首予海倫司(09869.HK)「買入」投資評級及目標價17元,因爲相關公司在各自領域具領先地位、疫情以來的營運表現良好、具高度標準化的商業模式和健康的現金流。 高盛表示,下調海底撈(06862.HK)的評級從「中性」降至「沽售」,維持目標價13.2元,該行認爲當前的市場預期公司將可迎來轉折的預期存在執行上的風險,料此很可能受新冠病疫情和宏觀經濟疲軟的影響而延長。
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