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《大行報告》大摩上調康師傅(00322.HK)目標價至16元 評級「增持」
阿思達克 05-10 09:44
摩根士丹利發表報告指,在康師傅(00322.HK)公布去年業績後,調整對其預測模型,將今年銷售預測微調1%,主要是由於面類和飲料的銷售預測,隨著重新開放和渠道正常化而提高。該行保持今年營業利潤率預測不變,以反映原材料成本降低和組合升級帶來的0.6個百分點的毛利率提升,惟被為擴大市場份額而增加的0.6個百分點的營業費用率所抵銷,因此今年淨利潤預測相應下降6%,明年盈利預測則略微提高,因為銷售預期提高。 該行表示,將康師傅目標價由15.5元略微上調至16元,評級「增持」。
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