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研報掘金丨國泰君安:維持東鵬飲料“增持”評級 看好果之茶單品逐漸放量
格隆匯 04-01 17:06

國泰君安研報指出,東鵬飲料(605499.SH)果之茶迅速放量。公司果之茶新品今年2月上市,零售價5元/瓶,有西柚、檸檬、蜜桃三款口味,主要對標康師傅統一及元氣森林的冰茶系列,考慮到茶飲料行業空間大(根據歐睿數據,2024年銷售規模1364億元),東鵬果之茶質價比及渠道推力突出,同時用户畫像與特飲有很大重疊(年輕人為主),因此我們看好果之茶單品逐漸放量,有望成為特飲及補水啦之後的第三增長曲線。3月動銷改善,旺季延續高增趨勢無虞。此外,公司發佈公吿,擬發行H股股票並在香港聯合交易所有限公司主板掛牌上市,認為港股上市有望助力公司推進全球化戰略的落地。維持“增持”評級及目標價319元。

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