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《大行報告》美團(03690.HK)投資評級及目標價(表)
阿思達克 11-20 12:40
美團-W(03690.HK)將於下周二(28日)公布今年第三季度業績,雖然外賣單量或受到宏觀經濟及補貼措施的影響,但暑假期間季節性出行、騎手成本改善(騎手供給充沛帶來成本優化)、到店業務增長及相關營運溢利率或達30至35%的市場預測上限水平所支持,本網綜合8間券商預測,美團非國際財務報告準則經調整溢利料介乎48.23億至56.95億元人民幣,較2022年第二季35.27億元人民幣,按年增加36.7%至61.5%。中位數49.29億元人民幣,按年增加40%。 綜合3間券商預測,美團2023年第三季溢利料介乎24億至35.02億元人民幣,較2022年第三季12.17億元人民幣,按年增加97.2%至187.8%。投資者關注美團管理層最新業務指引包括到店業務競爭情況(到店業務營運溢利率)、外賣單量增長及單位經濟效益、優選減虧進展等。 下表列出27間券商對其評級及目標價: 券商│投資評級│目標價 里昂│買入│235元 廣發證券│買入│230.3元 星展│買入│224元 交銀國際│買入│220元 花旗│買入│214元 建銀國際│跑贏大市│210.6元 高盛│買入│205元 海通國際│優於大市│205元 安信國際│買入│202元 第一上海│買入│201元 匯豐環球研究│買入│200元 中銀國際│買入│200元 東方證券│買入│198.16元 華泰證券│買入│195.5元 摩根大通│增持│195元 中信証券│買入│193元 農銀國際│買入│190元 海通証券│優於大市│187元 中信建投│買入│185.97元 中金│跑贏行業│184元 野村│買入│184元 國泰君安│增持│181.3元 摩根士丹利│增持│180元 大和│買入│175元 招商証券│強烈推薦│173.7元 元大證券│買進│160元 瑞銀│買入│144元 (fc/w) ~
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