《大行報告》建銀國際下調百威亞太(01876.HK)目標價至25.4元 評級「跑贏大市」
建銀國際發表報告指,百威亞太(01876.HK)管理層於投資者日上重申長期的戰略計劃,重點是高端化、渠道、地域擴張和數字化。該行相信百威亞太將繼續利用其強大的品牌、穩固的產品組合和有效的定價策略,加速高端和超高端產品的增長;繼續追求渠道多元化,以推動其高端及以上品類的增長,特別是除夜生活渠道以外的市場渠道擴張;通過地理擴張擴大高端和超高端分銷;通過使用公司的B2B供應鏈系統,使其生態系統數字化,追求更好的營運效率。
建銀國際指,百威亞太4至5月銷售表現良好,預測第二季的收入按年增長12%,以反映銷量預測增長12%,以及平均售價持平。予「跑贏大市」評級,目標價由27.6元降至25.4元。
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