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大行評級|麥格理:下調新秀麗目標價至19.7港元 下調今明兩年經調整純利預測
格隆匯 09-24 10:40

麥格理髮表報吿指,料新秀麗今年第三季的收入會因為環球消費趨勢下行而按年跌3%,相信第三季的毛利率會受到不利的地域及產品組合的負面影響,惟良好的現金流應可容許公司繼續回報股東及進行去槓桿。該行下調新秀麗今明兩年的經調整純利預測分別2.3%及10.2%,料第三季的銷售及盈利會遜過預期,目標價由22港元下調至19.7港元,此相當於預測今年市盈率11倍,評級“中性”。

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