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《大行報告》高盛調整澳門賭業股目標價 銀娛(00027.HK)取代金沙中國(01928.HK)納確信買入
高盛發表研究報告指,澳門博彩股在去年底至今年初股價強勁反彈後,在本月至今的反彈前,過去兩個月平均回落10%。由於傾向於在春節假期後旅遊的人數減少,導致中國酒店的平均客房收益和國內旅遊數據受挫,儘管澳門博彩總收入受到2月初以來旅行團簽證恢復的幫助,,今年該數據在疫情後表現相對較好,惟仍可能受到季節性影響。 展望未來,雖然海外經驗表明旅遊和博彩需求在重新開放後的幾個季度內可能會很好地維持在高於疫情之前的水平,但投資者對未來博彩總收入復甦的軌跡仍然存在相當大的分歧。該行繼續持建設性態度,並預計中場博彩總收入將在年底前完全恢復到疫情前水平,並在2024財年達到疫情前110%水平。 該行表示,在博彩股中,繼續將銀娛(00027.HK)、金沙中國(01928.HK)、新濠博亞(MLCO.US)和澳博(00880.HK)予「買入」評級,惟該行「確信買入」名單中,加入銀娛,同時剔出金沙中國,並調整各股目標價。 高盛對濠賭股投資評級及目標價表列如下: 股份|投資評級|目標價(港元) 澳博控股(00880.HK)|買入|5.8元→5.2元 美高梅中國(02282.HK)|中性|12元→12.4元 永利澳門(01128.HK)|中性|10.7元→10.2元 銀河娛樂(00027.HK)|買入(加入確信買入名單)|65.7元→72.1元 金沙中國(01928.HK)|買入(剔出確信買入名單)|36元 新濠國際發展(00200.HK)|買入|13.4元→11.8元
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