《大行報告》摩通料快手(01024.HK)第三季可扭虧為盈 建議投資者吸納
摩根大通發表研報指,宏觀經濟復甦,加上快手(01024.HK)擬推出購物商城廣告,在電商業務增長前景下仍然看好快手今年表現,預測收入將強勁增長,成本亦將改善,預期公司最快於今年第三季實現集團層面的盈利,並在2023年實現全年盈利。
該行建議投資者吸納,認為快手今年廣告收入增速將由去年的15%提升至20%,同時預計電商GMV將保持約30%的按年增長,憧憬今年實現收支平衡,為股份帶來估值基礎。
該行又指,公司達到盈虧平衡後維持持續的利潤增長將是未來的關鍵催化劑,給予目標價80元,對應2026年預測市盈率8.5倍有約15%折讓,評級為「增持」。
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