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大行評級|大摩:上調農夫山泉目標價至50港元 上調今明兩年每股盈測
格隆匯 04-10 11:04
摩根士丹利研究報吿指出,農夫山泉管理層對2024年的目標為各飲品分部銷售增長達雙位數字升幅,並在上半年維持穩定毛利。管理層並不認為2023年錄得的高毛利率是長期可持續。報吿表示,公司看見茶類飲料有巨大的增長空間,會繼續投資滲透至更多低線城市和增加銷售點。公司強調無意參與價格戰,會維持穩定的價格策略,並不時在特定平台提供優惠。該行將公司的目標價從49港元至50港元,評級為“與大市同步”,上調今明兩年每股盈測11-12%,預期公司2026年每股收益達1.57元。
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