《大行報告》大摩上調快手-W(01024.HK)目標價至95元 評級「增持」
摩根士丹利發表報告,指內地較預期提早開放利好快手-W(01024.HK)廣告及電商業務,並進一步提高經營槓桿。該行表示,由於今年公司組合變化較去年好,料公司今明兩年總收入分別增長15%及11%,並預料集團在去年第四季或今年次季,已達致收支平衡,亦預料今年及明年的非國際財務報告準則淨利潤率各達6%及12%。
即使去年10月底起該股股價累升逾140%,跑贏同期科指的逾55%升幅,考慮上調今明兩年廣告收入增長預測至分別20%及16%,帶動毛利率及淨利潤率預測上調,大摩將快手目標價由60元上調58%至95元,重申其評級為「增持」。
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