《大行報告》中銀國際下調美團(03690.HK)目標價至200元 評級「買入」
中銀國際發表報告指,美團(03690.HK)第二季度非公認會計準則盈利按年升2.7倍至76.6億元人民幣,較市場及該行預期高出80%,主要受惠本地商業服務強勁復甦,在持續作出推廣投資及發展產品下,公司保持市場佔有率,在物流方面有優勢,有良好的市場定位。
報告指,本地商業收入增長,主要受酒店及旅遊業務推動,經營利潤率提升,受惠於經營開支少過預期,估計該業務收入持續增長,將今年至2025年三年的收入預測,分別上調0.8%、1.3%及2.7%,核心盈利預測分別上調13.1%、6.7%及2.8%,維持「買入」評級,目標價由203元下調至200元。
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