《大行報告》騰訊(00700.HK)投資評級及目標價(表)
騰訊(00700.HK)將於下週三(18日)公佈今年首季業績,受新冠疫情、宏觀經濟弱令廣告業務復甦進一步延後及監管因素(未成人遊戲防沉迷措施)等影響,本網綜合13間券商預測,騰訊2022年首季非國際財務報告準則公司權益持有人應佔盈利料介乎223.79億至275.53億人民幣,較2021年首季331.18億人民幣,按年下跌16.8%至32.4%;中位數267.16億人民幣,按年跌19.3%。
綜合7間券商預測,騰訊2022年首季純利料介乎106.48億至354.44億人民幣,較2020年首季期純利477.67億元,按年下跌25.8%至77.7%;中位數255.6億人民幣,按年跌49.5%。市場已預期公司首季業績承壓及憧憬下半年或有望回暖,關注管理層對毛利率前景最新指引(如視頻號今年底或開始信息流廣告變現)等。
下表列出28間券商對騰訊的投資評級及目標價:
券商│投資評級│目標價(港元)
法巴│買入│837元
高盛│買入(「確信買入」名單)│644元
中信建投證券│買入│615元
富瑞│買入│580元
申萬宏源│買入│566元
星展│買入│563元
招商證券國際│買入│555元
國海證券│買入│551元
匯豐環球研究│買入│540元
光大證券│買入│529元
中信證券│買入│526元
美銀證券│買入│525元
大和│買入│525元
瑞信│跑贏大市│524元
華泰證券│買入│523.7元
花旗│買入│522元
海通國際│跑贏大市│521元
建銀國際│跑贏大市│510.4元
招銀國際│買入│510元
德銀│買入│510元
大華繼顯│買入│502元
野村│買入│500元
中銀國際│買入│497元
摩根士丹利│增持│480元
工銀國際│跑贏大市│480元
中金│中性│513元->451元
瑞銀│買入│450元
摩根大通│減持│265元
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