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研報掘金丨太平洋證券:貴州茅台業績符合預期,予“買入”評級
格隆匯 10-28 15:16

太平洋證券研報指出,貴州茅台(600519.SH)前三季度歸母淨利潤608.28億元,同比+15.0%;其中Q3歸母淨利潤191.3億元,同比+13.2%。公司業績符合預期,全年目標有望達成。截止到三季度末,公司國內和國外共有2122和106個經銷商,年初至今分別淨增+42/0個。展望全年,公司實現15%收入目標確定性強,公司重視股東回報,從大股東增持、持續分紅到回購註銷,全面保障股東權益,提升公司在資本市場的價值與競爭力。按照2025年業績給予24倍,給予目標價1844.64元,給予“買入”評級。

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