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大行評級丨花旗:首予毛戈平“買入”評級及目標價130港元 指其應享有高於同行的估值溢價
格隆匯 05-22 14:43
花旗發表報吿,首次覆蓋中國本土化粧品企業毛戈平,給予“買入”評級,目標價130港元。該行認為,毛戈平優勢包括強大的創始人IP與專業藝術化粧品牌定位;通過化粧培訓機構提升專業聲譽紮實的線下DTC門店網絡實現高端護膚產品的交叉銷售,增強用户粘性。花旗預計,毛戈平將在京東618購物節期間延續強勁的在線增長勢頭,並在2024-2027年間實現31%的淨利潤複合年增長率(CAGR)。基於其更強的品牌資產、盈利能力及增長前景,花旗認為該公司應享有高於同行的估值溢價。
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