《大行報告》美銀證券上調新秀麗(01910.HK)目標價至31.5元 上半年業績符預期
美銀證券發表報告指,新秀麗(01910.HK)上半年業績符預期,當中銷售額按年升40%,經調整盈利升1倍,高於該行預期;毛利率按年升3.1個百分點至58.8%,亦高於58%的全年指引,因此將公司2023年及2024年經調整每股盈利預測,分別上調5%及4%,以反映毛利率提升,目標價由30元上調至31.5元,維持「買入」評級。
該行指,歐美地區積壓的旅遊需求釋放、中國旅遊業重新開放,帶動七月以來旅遊需求暢旺,將會支持新秀麗第三季的增長,雖然有投資者擔心,行業已顯著復甦、未來增長空間受限,但美銀認為,部分地區的航班仍未全面滿足市場需求,中國亦未全面恢復出境航班,相信新秀麗的業務仍有增長空間,繼續可以提升市場份額,在穩定前景及明年可能恢復派息下,目前風險回報吸引。
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