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《大行報告》大和上調百勝中國(09987.HK)目標價至490.8元 評級「買入」
大和發表研究報告,指百勝中國(09987.HK)第三季經營溢利3.16億美元,按固定匯率計按年升77%,遠勝預期。雖然外部環境仍然充滿挑戰,在疫情防控措施下,公司10月份有約1,400個銷售點受影響而暫時關閉或提供有限服務,而消費者支出更為審慎,以及通脹帶來不利因素,但該行相信公司有能力承受。 該行對百勝中國的2022財年每股盈利預測上調8.5%,以反映第三季毛利率強於預期及盈利能力,但對2023至2024財年的每股盈利預測下調0.3%至0.5%,主要由於對銷售復甦預測更為審慎。重申對其H股「買入」評級,目標價由419.1元上調至490.8元。
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