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《大行報告》美銀證券下調康師傅(00322.HK)目標價至15.6元 評級「買入」
阿思達克 08-24 15:28
美銀證券發表研究報告指,在疫情及成本上升趨勢拖累下,康師傅(00322.HK)上半年盈利錄得下跌,但公司仍能維持派發特別中期息,略勝市場預期。 美銀預計康師傅將在可預見未來維持其高派息水平,股息收益率預期達到約9%。全年稅後淨利指引為25億至30億元人民幣,表明公司預期在原材料成本企穩、夏季銷售趨勢穩健以及價格上漲的推動下,下半年盈利跌幅或將收窄。 該行指,雖然下半年仍存在一定經營壓力,但預計價格調整將支持2023年盈利強勁復甦,將今明兩年每股盈利預測下調11%及5%,以反映成本通脹的影響,目標價由16元下調至15.6元,重申「買入」評級。
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