You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》高盛升騰訊音樂(01698.HK)評級至「買入」 目標價上調至54.3元
高盛發表研究報告指,騰訊音樂(01698.HK)在過去6個月內一直是中國市場內表現最好的公司之一,並預計公司2024年將持續表現優異。主要因為公司音樂訂閱及廣告的高增量利潤所產生的營運槓桿,進一步推動公司盈利預測的上調;新年促銷後,每位付費用戶平均收入(ARPPU)復甦帶動公司音樂服務收入進一步成長;同時音樂付費傾向的結構性改善,配合騰訊音樂不斷改進的貨幣化策略所帶動。 基於上述原因,該行上調集團2024-26年經調整每股盈測7%、10%及13%,目標價相應由43.8元上調至54.3元,同時將評級由「中性」升至「買入」。 另外,高盛亦預計騰訊音樂的銷售額於2024年第三季,將恢復至雙位數按年增長。同時預測公司2024年第四季的音樂毛利率將達至45%,受惠於字幕及廣告具有較高的利潤貢獻。(js/k) ~
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account