《大行報告》高盛下調啤酒股目標價 重申潤啤(00291.HK)「確信買入」
高盛發表報告表示,認爲啤酒行業是內地重新開放主題的主要受惠者。內地啤酒公司第三季業績表現穩健,整體銷量增長繼續改善。該行相信高端化趨勢將持續,青島啤酒(00168.HK)和華潤啤酒(00291.HK)的高端產品將加速發展,而百威亞太(01876.HK)的高端產品將受到更大的影響,主要由於其主要的高端產品市場出現封城防疫措施。
該行重申對潤啤「確信買入」,因爲其高端產品方面執行力強,而且從明年開始專注於盈利能力,目標價則由75元降至73元。同時保留對百威亞太「買入」評級,預計明年其憑藉零售渠道的強勁組合,公司在內地和韓國市場將出現強勁的復甦,目標價由27元降至26元。青島啤酒亦維持「買入」評級,因爲其具有堅實的利潤擴張潛力,目標價由98元降至94元。
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