《大行報告》麥格理削旺旺(00151.HK)目標價至4.3元 評級「跑輸大市」
麥格理發表報告表示,中國旺旺(00151.HK)截至今年9月底止上半財年收入按年跌4.8%,純利跌23.6%,均低於該行及市場預期,主要受累疫情及投入成本上升夾擊下,奶類產品銷售疲弱。該行相信,至下半財年在成本溫和上升及公司進行加價下,對毛利率有所支持,惟近月內地疫情爆發對銷售帶來打擊。
該行下調旺旺2023至2024財年盈利預測18.1%及19.4%,以反映銷售前景具挑戰性,目標價由6.6元削減至4.3元,維持「跑輸大市」評級。
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