《大行》高盛升金蝶(00268.HK)目標價至18.87元 輕微上調明後兩年盈測各1%
高盛發表研究報告指,預期所覆蓋的九間軟件公司第二季收入增長將錄得按季改善,主要受到客戶訂單動能回升的帶動,但例如建築等部分行業的IT支出仍面臨短期壓力。該行預計軟件公司第二季盈利仍然疲弱,下半年隨著營運效率提升及人員優化,盈利增長或可改善。
中國ERP板塊方面,高盛認為金蝶國際(00268.HK)上半年收入預期按年增長13%至32億元人民幣,主要受到大型企業客戶支出改善的推動,相信人均生產力提升將帶動盈利改善,維持金蝶「買入」評級。高盛並上調金蝶國際2026及2027年盈利預測約1%,以反映大型企業雲服務收入增長及營運效率提升帶動經營支出比率微降,今年度預測維持不變,目標價從17.81元上調至18.87元。
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