《大行報告》里昂上調新秀麗(01910.HK)目標價至32元 評級「買入」
里昂證券發表報告指,新秀麗(01910.HK)第二季度銷售額符合預期,雖然較第一季度略為放緩,但經調整EBITDA好過預期。管理層在分析員會議指,第三季初至今,銷售增長強勁,將全年毛利率及經調整EBITDA利潤率指引,分別上調至59%及19%。隨著內地出境旅遊實現復甦,相信亞洲旅遊需求推動下半年業務增長。
該行將新秀麗2023年至2025年的銷售額預測,上調5%至6%,純利預測上調12%至23%,主要反映亞洲需求復甦及毛利率提升,維持「買入」評級,目標價由26元上調至32元。
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