《大行報告》麥格理下調統一(00220.HK)目標價至8元 評級「跑贏大市」
麥格理發表評級報告指,由於統一(00220.HK)麵條銷量呈強勁增長,抵銷飲料銷量在疫情封城期間表現疲弱,集團上半年收入按年增7.2%,低於該行預期的1%。而在投入成本壓力下,公司上半年純利則按年跌27.5%,低於該行預測的13%,次季純利按年大跌39%,遜於該行預期下跌19.7%;至於第三季,該行料飲品銷量受惠於炎熱天氣及疫情限制放寬等因素,惟投入成本或令利潤持續承壓。
該行表示,由於投入成本通脹,將公司今年及明年純利預測分別下調11.5%及1%,並將其目標價由9元下調至8元,降11%,重申評級「跑贏大市」。(ca/k)
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