《大行報告》里昂料澳門博彩業上季經調整EBITDA按季升8% 首選仍為金沙中國(01928.HK)及美高梅中國(02282.HK)
里昂發表研究報告指,澳門上季賭收按季擴張11%至541億澳門元,達到2019年水平的75%。因此,該行料澳門博彩業上季經調整EBITDA按季升8%至19.7億美元。就業績而言,農曆新年期間的EBITDA利潤率擴張範圍、回扣等將成為投資者的主要關注點。該行將行業EBITDA預測下調約1%,另維持博彩收入預測,料2024財年澳門賭收將按年增長30%至292億美元。
該行表示,首選仍為金沙中國(01928.HK)及美高梅中國(02282.HK),又將銀娛(00027.HK)目標價由52.3元下調至51.3元,以反映較高的企業管理費用預期。
里昂對濠賭股投資評級及目標價表列如下:
股份 | 投資評級 | 目標價(港元)
美高梅中國(02282.HK) | 買入 | 12.9元
金沙中國有限公司(01928.HK) | 買入 | 28.5元
銀河娛樂(00027.HK) | 買入 | 52.3元 → 51.3元
永利澳門(01128.HK) | 買入 | 8.9元
澳博控股(00880.HK) | 沽售 | 2.4元
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