大行評級|星展:下調萬洲國際目標價至5.49港元 評級“買入”
星展發表研究報吿指,萬洲作為中國和美國包裝肉類市場的領導者,應可繼續依靠渠道復甦和產品組合高端化來創造更高利潤率。渠道復甦應能使集團的銷量在2023和24財年在中國達到低至中個位數增長。該行表示,由於公司於上半年以每公斤約15元的低價儲備了大量冰鮮豬肉,預計下半年其在中國的肉製品業務將維持每噸4,000元的利潤。該行提到,因此近期美國豬肉市場的利潤率受壓,分別下調集團2023及24財年的盈測34%及6%,目標價由5.96港元下調至5.49港元,評級為“買入”。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.