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《大行報告》大和下調美團(03690.HK)目標價至285元 評級「買入」
阿思達克 06-06 10:31
大和發表報告指,美團(03690.HK)今年首季業績符合預期,到店、酒店及旅遊業務的毛利率好於預期。雖然集團外賣業務受到宏觀疲軟、供應和騎手限制等負面影響,但集團有控制市場推廣開支,因此該行預期集團外賣業務的經營毛利率可繼續改善。 不過,大和預料美團的到店、酒店及旅遊業務於今年第二季及第三季會繼續面對挑戰,受旅遊限制及廣告需求疲弱影響,估計業務次季收入將按年下跌22.6%。 大和下調美團股份目標價,由300元降至285元,評級維持「買入」,並調低集團今年至2024年收入預測2%至5%,反映到店及酒店收入疲弱,
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