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《大行報告》摩通下調騰訊(00700.HK)目標價至400元 評級「增持」
阿思達克 10-17 10:27
摩根大通發表研究報告指出,騰訊(00700.HK)股價於過去三個月累跌26%,主要由於預測2023財年市盈率被下調23%,以及市場對其2023財年經調整每股盈利預測下調3%。該行認為,內地互聯網行業估值下調,主因為息率高企,美國十年期債息於過去三個月便累漲36%;加上宏觀復甦緩慢,令下半年財務前景疲軟,料仍尚未反映在股價上。 該行將騰訊2022財年第三季收入及經調整每股盈利預測作出調整,分別較市場預期低出3%及2%,並認為股價很大機會持續向下。雖然資本市場條件可能繼續令估值受壓,但該行料騰訊2023財年上半年可能出現正面的盈測調整,並將於未來6至12個月內推動股價。對其目標價由465元降至400元,評級「增持」。
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