《大行報告》花旗降藍月亮(06993.HK)評級至「沽售」 削目標價至3.71元
花旗發表研報指,大賣場主要客戶以及分銷商批發銷售額佔去年度藍月亮(06993.HK)總銷售額53%,今年上半年該兩渠道銷售將遜於預期,料拖累整體銷售表現。
該行預期,投資者將關注放在商品成本下降所帶來的毛利率提升空間,但忽略了今年全年銷售收入及利潤較預期差的風險,將今明兩年淨利潤預測下調22%及25%,投資評級從「中性」下調至「沽售」,目標價相應從6.1元下調至3.71元。
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