《大行報告》瑞銀下調中移動(00941.HK)目標價至77元 上季盈利遜預期
瑞銀發表報告指,中移動(00941.HK)今年第三季服務收入為1,937億元人民幣,按年增長7.8%,表現符合該行及市場預期;純利則為283億元人民幣,按年僅增0.6%,均遜於該行及市場預期。表現較預期差主要由於銷售開支增加,於第三季按年上升24.4%,對比上半年為按年下跌13.8%,估計是因擴展DICT業務所致。
因應最新業績表現,該行調整對中移動今年至2024年的盈利預測1%至2%,反映銷售開支稍為提高,及在宏觀環境疲軟下DICT業務收入增長預測降低。瑞銀又將中移動股份目標價由80元下調至77元,評級維持「買入」。
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