《大行報告》匯豐研究上調美團-W(03690.HK)目標價至215元 評級「買入」
匯豐環球研究發表報告指,美團-W(03690.HK)今年首季業績優於預期,其中收入較該行及市場預期高出2%,非國際財務會計準則(Non-GAAP)的經營毛利率亦優於市場預期兩個百分點。
該行表示,美團首季業績勝預期,顯示其增長具韌性,相信集團重視有質素的增長,加上對新業務採取更審慎的投資方式,令該行有信心其可於今年實現經調整EBITDA盈虧平衡的目標(該行料錄經調整EBITDA約9,500萬元人民幣)。
匯豐研究上調美團股份目標價,由175元升至215元,評級維持「買入」。不過由於疫情影響及宏觀經濟放緩,該行將集團今明兩年收入預測下調4%至6%,經營利潤預測則降2%至8%,至於2024年盈利預測則上調超過20%。
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