《大行報告》麥格理料澳門第四季中場賭收回復至2019年水平 首選銀娛(00027.HK)及金沙中國(01928.HK)
麥格理發表報告指,展開對澳門博彩業的覆蓋,並予正面看法,相信旅遊業是所有消費子行業中,唯一可持續復甦的領域,對銀娛(00027.HK)、金沙中國(01928.HK)、永利澳門(01128.HK)、美高梅中國(02282.HK)及新濠博亞(MLCO.US)首次給予「跑贏大市」評級。當中列銀娛及金沙中國為首選,看好兩間公司擁有的酒店房間數間較多,目標價為80.4元及42.9元。
該行指出,今年上半年澳門中場博彩收入已恢復至2019年同期約54%,預計至第四季中場賭收可完全復甦至2019年水平,在當局政策支持下相信非博彩業務將加快發展,令營運商博彩收入貢獻將由今年的約83%降低。
麥格理重申澳門博彩業是大中華區內具吸引力的非必需消費行業,具有獨特的增長動力。不過,考慮到衛星賭場的知名度較低及新特許期內賭檯減少,對澳博控股(00880.HK)給則予「中性」評級,目標價3.6元。
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