大行評級|里昂:上調網易雲音樂目標價至200港元 去年下半年利潤令人驚喜
里昂發表研究報告指,網易雲音樂去年下半年的利潤令人驚喜,經調整EBIT按年增長119%,分別較市場及該行預測高出39%和30%。
里昂上調網易雲音樂2025至27年的經調整淨利潤預測7至19%,目標價由165港元上調至200港元,評級由“跑贏大市”上調至“高度確信跑贏大市”。該行認爲集團的長期主題穩健,料未來3至5年的核心EBIT年複合增長率將達17至19%,並相對看好網易雲音樂多於騰訊音樂。
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