研報掘金|中金:上調騰訊音樂目標價至65.2港元 關注其長期盈利增長前景
中金公司發表研報指,騰訊音樂上季收入及non-IFRS淨利潤超出預期,憧憬在線音樂業務在2025年將保持健康增長,每付費用户平均收入受超級會員用户轉化推動,亦將表現穩健長,付費用户數量擴張。該行又指,騰訊音樂管理層對長期穩定增長充滿信心,並已批准高達10億美元的新一期股份回購計劃,2024年亦宣派每股普通股派息9美仙,現金股息總額達2.73億美元,以昨日收市價計算股息回報1.38%,認為公司非常重視股東回報,建議投資者關注其長期盈利增長前景,基本維持今明兩年經調整淨利潤預測不變,目標價上調25.4%至65.2港元,維持“跑贏行業”評級。
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