大行評級|摩根大通:維持網易“增持”評級 重申為內地網絡遊戲行業首選
摩根大通發表報吿指,關於近期某些大型多人線上角色扮演遊戲如《夢幻西遊》端遊版調整變現模式,在與網易管理層談話中得出的結論是,短期內影響不大,這種戰略變革應支持這些遊戲的長期健康增長。該行認為,內地遊戲監管環境仍然良性,大量新遊戲版號供應就是證明。摩通認為,網易年初以來股價表現跑輸大市,主要是由於投資者對其傳統遊戲變現和新遊戲前景感到擔憂。網易目前股價相當於為2024年市盈率13倍,處於過去五年的低位,並低過與亞洲網絡遊戲同行。該行預計網易從第三季開始推出的新遊戲將推動遊戲增長提速,估值也將從目前的水平上調。該行維持網易“增持”評級,港股目標價200港元,重申為內地網絡遊戲行業的首選。
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