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《大行報告》美銀證券降京東健康(06618.HK)目標價至50元 上調去年收入預測
美銀證券發表報告指出,對京東健康(06618.HK)去年收入預測,由原預期的530億元人民幣上調至535億元人民幣,相當於按年增長14.5%;去年下半年收入預測料按年持平於264億元人民幣,主要由於去年第四季內地爆發呼吸道疾病,利好公司的藥品銷售。該行維持對公司去年經調整淨利潤預測按年增長55%至41億元人民幣,較市場預期的38億元人民幣為高。 此外,該行料去年受疫情影響,線上藥房垂直領域競爭嚴峻,而今年首季後相信嚴峻的競爭基數已過,預期線上藥房行業將於今年加速增長至十位數。 該行認為,港股近期表現疲弱,京東健康股價亦觸及52周新低,現價已跌至相當於預測今年經調整市盈率約16倍,較內地幾家線下連鎖藥房更為便宜,該行重申對京東健康「買入」評級,目標價由58元下調至50元。
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