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大和升京東目標價至210港元 有進一步估值重評潛力
大和發表報吿指,見到京東(09618.HK)有巨大的重新評級空間,認為公司會受惠於以舊換新的政策。該行重申對京東評級買入,目標價由157港元升至210港元,此相當於預測市盈率9倍(此前予6倍);考慮到因財富效應而提高的消費,上調2025年至2026年的商品成交金額,調高同期每股盈利預測6%至7%,以反映經營槓桿及較預期低的市場推廣成本。
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