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《大行報告》瑞信下調蒙牛(02319.HK)目標價至48元 評級「跑贏大市」
阿思達克 06-30 10:35
瑞信發表報告,對蒙牛(02319.HK)今明兩年的盈利預測下調5%,以反映近期疫情復甦後的疲軟需求。目標價相應由58元下調至48元,以反映更保守的利潤率預測,評級為「跑贏大市」。 瑞信預計,在2021年至2025年,蒙牛的銷售和利潤複合年均增長率為10%及16%,支持因素包括快速增長的新興品類、在高端常溫牛奶(UHT)領域的穩固地位以及經營利潤率持續改善。
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