You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》里昂升百勝中國(YUMC.US)目標價至57美元 評級「買入」
里昂發表研報指,百勝中國(09987.HK)(YUMC.US)今年純利達到2.06億美元,按年升98%,遠遠超出預期,主要是由於期內開店速度加快的情況下營業開支佔比仍然下降,展示出商業模式有所改進,相應將2022至2024年每股盈利預測上調38.9%、11.3%及7.7%,2023至2024年EBITDA預測亦上調1%。 但里昂預計,這種改善不會每個季度都出現,估計第四季收入及利潤增長將放緩,除了因為第四季是傳統淡季外,亦由於10月份旗下更多分店需要暫時關閉,預期隨著2023至2024年收入按年增幅恢復到18%及11%,經營成本比率將在餐飲需求推動下上升,同時預計營業利潤率將每年繼續增長。 里昂將百勝中國美股目標價從56美元上調至57美元,重申「買入」評級。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account