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大行評級|大摩:重申騰訊為首選股並上調目標價至650港元 預計次季營收和盈利增長穩健
格隆匯 07-14 16:31
摩根士丹利發表報吿指,受益於遊戲和廣吿業務的穩固增長,金融與企業服務(FBS)略有回升,預計騰訊控股次季的營收和盈利增長穩健,收入和非國際財務報吿準則(non-IFRS)計營業利潤料分別增長11%和14%。因人工智能投資增加,營業利潤槓桿效應將有所收窄,但利潤率仍有望持續擴大。大摩重申騰訊為首選股,反映其穩固收入與盈利增長,重申“增持”評級;以分類加總計算法計,對其目標價上調3%,由630港元上調至650港元,對應預期2026年市盈率18倍,較當前15倍估值有一定上行空間。
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