《大行報告》摩通下調同程旅行(00780.HK)目標價至18元 評級「中性」
摩通發表研究報告指出,同程旅行(00780.HK)首季業績勝預期,該行對公司逐步復甦的步伐感到滿意,對其今明兩年以人民幣計的每股盈利預測平均上調9%(以港元計約6%),而該股現價相當於預測今明兩年市盈率16及14倍,估值相宜,但在中國互聯網板塊估值低迷下,認為同程或不會提供更優越的風險回報。
該行對同程旅行目標價由18.5元微降至18元,維持「中性」評級,預測其今年收入將較2019年水平高出超過50%,另料今明兩年盈利將較2019年水平高出約30%及50%。
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