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大行評級|建銀國際:上調百濟神州目標價至186港元 上調2025至27年經調整盈利預測

建銀國際研究報吿指,百濟神州今年首季按年轉虧為盈,GAAP淨利潤達100萬美元,撇除股權激勵成本和其他收入的淨利潤達9300萬美元,勝市場預期。

基於預期税項開支減少,該行將2025、26及27年的經調整盈利預測,分別由4.2億、8.01億及24億美元,升至4.88億、8.4億及25億美元。該行對其H股目標價由183港元升至186港元,反映盈利預測獲上調,維持“跑贏大市”評級。該行又相信集團可以在今年首次錄得GAAP及非GAAP全年淨利潤。

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