大行評級|美銀:上調同程旅行目標價至24港元 重申“買入”評級
美銀證券發表報吿指出,同程旅行去年第四季收入按年增長1.1倍至31億元,高過指引的41%至46%水平,較市場預期高出約10%,並較2019年同期升61%。交易額(GMV)亦較2019年水平增長30%。至於住宿、交通和其他收入亦較2019年同期增長42%、25%與4.17倍。該行認為,同程旅行提升用户價值的努力在去年第四季取得成果,季內平均月費用户(MPU)按年增長54%,年度付費用户達2.35億創新高。此外,該行認為同程旅行上季銷售增長勝預期,對其今明兩年預測作出上調,以反映跟團旅遊業務的整合。該行將其目標價由21港元上調至24港元,重申“買入”評級,另料其今年non-GAAP每股盈利預測為1.22元,此前預期為1.08元。
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