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《大行》招銀國際下調大家樂(00341.HK)目標價至6.52元 評級降至「持有」
阿思達克 06-23 15:39
招銀國際發表研究報告指,大家樂(00341.HK)2025財年業績遜於預期,股息表現尤其令人失望,考慮到港人北上及出境消費增加及市場競爭加劇,加上大家樂加價空間有限,近期經營表現依然受壓,今年4月及5月同店銷售持續下滑,以及2026財年預測股息回報吸引力不足,因此將其評級下調至「持有」,目標價從9.3元降至6.52元,預料下半年香港同店銷售跌幅將進一步擴大,而2026財年開店步伐將較緩慢。 招銀國際將大家樂2026及2027財年收入預測下調3.9%及6.2%,純利預測下調30.3%及22.8%,認為行業復甦仍需時。
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