《大行報告》富瑞下調騰訊音樂(TME.US)目標價至9.8美元 評級「買入」
富瑞發表報告,預料騰訊音樂(TME.US)次季收入按年升3%至72億元人民幣,其中線上音樂訂閱收入按年升30%,料付費用戶達9,640萬名,季度淨增加了270萬名用戶,主要受惠內容產品持續升級及有效的促銷計劃。該行預料,公司毛利率按季及按年擴張至約34%,並料次季非國際財務報告準則(non-IFRS)計純利將達到15.6億元人民幣,non-IFRS計利潤率料按年增長約6.2個百分點至21.6%。該行表示,將其美股目標價由10.4美元下調至9.8美元,維持其評級為「買入」。
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