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大行評級|建銀國際:上調美團目標價至176.1港元 重申“跑贏大市”評級
格隆匯 09-26 13:23

建銀國際發表研究報吿指,美團在宏觀不確定性下的韌性增長、擁有強大的執行力及穩定的本地服務業競爭格局,因此重申其“跑贏大市”評級。美團增長彈性及盈利能見度使其成為該行首選股之一。該行認為,該股2023至2026財年年的盈利年複合增長率為44%,是中國互聯網領域中增長最快的公司之一,因此其估值仍然偏低。

建銀國際表示,由於營運槓桿作用,加上與抖音的競爭緩和,預期集團下半年經調整營業利潤將按年快速增長31%。=展望明年,該行預期美團可維持15%的穩定收入增長,利潤率持續改善,令經調整經營溢利及經調整淨溢利分別增長34%和32%,目標價由150港元上調至176.1港元。

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