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《大行報告》瑞銀下調藍月亮(06993.HK)目標價至6.17元 評級「中性」
瑞銀發表研究報告指出,雖然藍月亮(06993.HK)因匯兌損失導致上半年盈利遜預期,但公司內部改革步入收成期,包括線下經銷商銷售額按年增長99%,新產品銷售貢獻增至7%。該行預期,公司在3至5線城市加速擴張的推動下,強勁的銷售勢頭將持續,對其2022至2024財年的收入預測上調5%至6%。 然而,該行維持對棕櫚油價格飆升的擔憂,對藍月亮2022至2024財年的純利預測下調6%至30%。基於公司盈利增長較同業高,認為公司估值溢價合理。目標價由6.33元降至6.17元,維持「中性」評級。
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