《大行報告》阿里巴巴(09988.HK)投資評級及目標價(表)
阿里巴巴-SW(09988.HK)將於下周四(16日)公布截至今年9月底止(2024財年)第二財季度業績,雖然收入增速受宏觀經濟影響有所放緩(對比2024財年首財季收入按年升14%),但料受惠降本增效帶動「淘天」之外業務減虧、利潤率持續擴張、國際商業和菜鳥等業務表現穩健支持下,本網綜合5間券商預測,阿里巴巴2024財年第二財季非公認會計準則淨利潤料介乎403.51億至439.6億元人民幣,較2023財年第二財季338.2億元人民幣,按年增加19.3%至30%。中位數為411.82億元人民幣,按年增加21.8%。
綜合6間券商預測,阿里巴巴2024財年第二財季非公認會計準則的歸屬於普通股股東的淨利潤料介乎390.44億至423.51億元人民幣,對比2023財年第二財季343.47億元人民幣,按年增加13.7%至23%。中位數為407.34億元人民幣,按年增加18.6%。
投資者將關注阿里管理層對各業務最新指引(核心電商及雲計算恢復情況)、其所改組子業務未來獨立分拆上市的進展(包括菜鳥)、股份回購指引等。
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下表列出16間券商對阿里巴巴(09988.HK)評級及目標價:
券商│投資評級│目標價
富瑞│買入│181元
建銀國際│跑贏大市│150.5元
摩根大通│增持│145元
花旗│買入│144元
中信証券│買入│142元
招商證券國際│增持│141元
國泰君安│增持│138元
中金│跑贏行業│137元
農銀國際│買入│135元
美銀證券│買入│133元
匯豐環球研究│買入│132元
高盛│買入(「確信買入」名單)│131元
瑞銀│買入│127元
交銀國際│買入│124元
大華繼顯│買入│120元
中信建投│買入│114.12元
下表列出21間券商對阿里巴巴(BABA.US)評級及目標價:
券商│投資評級│目標價
富瑞│買入│187美元
招銀國際│買入│155美元
建銀國際│跑贏大市│154.4美元
華泰証券│買入│150.6美元
摩根士丹利│增持│150美元
摩根大通│增持│150美元
花旗│買入│147美元
中信証券│買入│146美元
招商證券國際│增持│144美元
野村│買入│142美元
國泰君安│增持│141美元
中金│跑贏行業│140美元
大和│買入│140美元
農銀國際│買入│138美元
海通國際│優於大市│137美元
美銀證券│買入│136美元
匯豐環球研究│買入│135美元
高盛│買入(「確信買入」名單)│134美元
交銀國際│買入│128美元
法國巴黎銀行│買入│128美元
瑞銀│買入│127美元
大華繼顯│買入│120美元
(fc/w)
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