《大行報告》花旗降周大福(01929.HK)目標價至14.2元 毛利率預期下調
花旗發表研究報告指,周大福(01929.HK)截至今年3月底止第四財季總零售銷貨價值(RSV)預期按年錄單位數跌幅,主要由於上年同期中國內地及港澳地區業務的高基數所致。
花旗指,管理層仍有信心實現2024財年收入增長達到十數個百分點以及核心經營溢利增長超過20%的目標。考慮到毛利率預測被下調,該行將周大福2024至2026財年純利預測下調介乎2%至5%,目標價由15元降至14.2元,維持「買入」評級。
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