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大行評級|里昂:首予萬洲國際“跑贏大市”評級 目標價為6.45港元
格隆匯 08-19 14:17
里昂發表研究報吿指,萬洲國際是全球最大的豬肉生產商,但於過去十年,其利潤波動且銷售毛利率低至2%。雖然集團的包裝肉業務面臨激烈競爭,但大型企業計劃削減產能及豬肉價格上升,將使其美國和墨西哥營運利潤率由2023年的2%增長至2026年的6%。由於股息收益率為5%,加上已宣佈美國上市計劃,該行首予集團“跑贏大市”評級,目標價為6.45港元。
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