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《大行报告》摩通下调腾讯(00700.HK)目标价至400元 评级「增持」
阿思达克 10-17 10:27
摩根大通发表研究报告指出,腾讯(00700.HK)股价于过去三个月累跌26%,主要由于预测2023财年市盈率被下调23%,以及市场对其2023财年经调整每股盈利预测下调3%。该行认为,内地互联网行业估值下调,主因为息率高企,美国十年期债息于过去三个月便累涨36%;加上宏观复苏缓慢,令下半年财务前景疲软,料仍尚未反映在股价上。 该行将腾讯2022财年第三季收入及经调整每股盈利预测作出调整,分别较市场预期低出3%及2%,并认为股价很大机会持续向下。虽然资本市场条件可能继续令估值受压,但该行料腾讯2023财年上半年可能出现正面的盈测调整,并将于未来6至12个月内推动股价。对其目标价由465元降至400元,评级「增持」。
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