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《大行報告》富瑞下調康師傅(00322.HK)目標價至15.6元 料上半年淨利潤升37%
阿思達克 07-11 10:02
富瑞發表報告,預計康師傅(00322.HK)上半年淨利潤將增長37%至17億元人民幣,銷售額增長7%,符合公司對今年銷售額增長高單位數及35億元人民幣淨利潤指引。考慮到估值具有吸引力,維持「買入」評級。 該行將康師傅2023年至2025年淨利潤率預測各下調1%、2%及2%,主要反映面類業務復甦略微放緩;當前利率上調導致利息支出增加。同時假設今年至後年派息率均為100%,並假設不派中期特別股息。 富瑞將康師傅目標價由16.7元下調至15.6元,以反映人民幣貶值因素。
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