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時代天使(06699.HK)逆市續升2.5% 無懼遭瑞銀降級兼目標價削半
阿思達克 09-18 14:39
內地矯正齒科服務商時代天使(06699.HK)今日(18日)逆市三連升,升穿20天線(約56.4元),最高見57.3元。現報56.55元,升2.45%,成交32.78萬股,涉資1,852.34萬元。 瑞銀今日發表報告,指內地消費者信心較預期弱壓抑內地整牙行業增長;時代天使龐大海外投資及經營虧損(上半年錄經營虧損約1,200萬美元)亦拖累其短期盈利能力。雖然報告相信股價已反映市場對國內經營放緩及海外增長可見度低,惟將時代天使投資評級由「買入」降至「中性」;由於海外擴張開支超預期,降2023至2025年每股盈測分別71%、58%及52%,以現金流折現率計,目標價亦相應由119元削近半至60元。 報告稱,其強勁管線網絡、具競爭力產品,以及製造上的優勢,有助公司在行業整體放緩下維持市佔,股價在見底反彈前,消費者信心進一步回暖及海外盈利能力改善仍有待觀察。
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